ByteDance explores sale of Indian TikTok assets to rival firm Glance

REUTERS/Dado Ruvic

China’s ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday.

The discussions, initiated by Japan’s SoftBank Group Corp, are private, early and complex, the report said, citing people familiar with the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter