Tiktok plans to return to India post-new IT rules: Report

Tiktok plans to return to India post-new IT rules: Report

FPJ Web DeskUpdated: Thursday, June 24, 2021, 12:05 PM IST
article-image
pexels

TikTok, which is still operational in other Southeast Asian markets, is reportedly planning a comeback strategy for India. With US President's Joe Biden's decision to repeal Donald Trump-led ban on TikTok in the United States and India's new IT rules has made the latter look at Indian market again.

People familiar with matters at the company told The Economic Times that ByteDance--owned short video platform wrote to the IT ministry earlier this month highlighting that it was compliant with the new intermediary guidelines despite not being operational. They said the Chinese company is hoping for a reply.

Sources told daily that businesses should run aside of geopolitics, hinting at the tensions between India and China at the height of the border clashes. They also pointed out that trade between the two countries have improved.

In May 2021, Nikhil Gandhi, the India Head of China's ByteDance-owned short video-sharing platform TikTok, decided to quit, IWMBuzz reported.

In June 2020, Tiktok was banned in India along with other 59 apps developed by Chinese technology after the government said it received many complaints from various sources, including several reports about misuse of some mobile apps available on Android and iOS platforms for "stealing and surreptitiously transmitting users' data in an unauthorised manner to servers which have locations outside India".

RECENT STORIES

Analysis: Why Does The Fed Action Matter To All Countries?

Analysis: Why Does The Fed Action Matter To All Countries?

Rising IP Star Advocate Urvashi M. Dooshi Named 'Woman Leader To Look Up To In 2024'

Rising IP Star Advocate Urvashi M. Dooshi Named 'Woman Leader To Look Up To In 2024'

Top 10 Share Market Training Institutes In India In 2024

Top 10 Share Market Training Institutes In India In 2024

How This Consultant Built A Groundbreaking Data Masking Solution To Revolutionize Data Security

How This Consultant Built A Groundbreaking Data Masking Solution To Revolutionize Data Security

Rama Steel Tubes Board Approves ₹500 Crore Further Public Offering; Stock Closes Over 6% In Green

Rama Steel Tubes Board Approves ₹500 Crore Further Public Offering; Stock Closes Over 6% In Green