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India's TikTok ban causing ₹3.5 crore daily loss: Chinese owner
short by Krishna Veera Vanamali / on Tuesday, 23 April, 2019
TikTok's Chinese owner ByteDance has said that India's ban on the video app is resulting in "financial losses" of up to ₹3.5 crore a day and has put over 250 jobs at risk. The company said it is losing nearly 1 million new users per day. A "very minuscule" proportion of TikTok's videos were considered inappropriate or obscene, ByteDance added.
read more at Reuters