ByteDance loss may hit $6b after India bans Chinese apps

[striver44]

Source:Global Times Published: 2020/7/1 22:17:50
42

Photo: VCG



Chinese internet company ByteDance - the parent of the TikTok and Helo apps - could lose up to $6 billion after the Indian government banned 59 Chinese apps following a deadly border clash between Indian and Chinese troops last month, a source close to the matter said.

The Indian Ministry of Information Technology on Sunday banned the 59 apps, claiming that they were "prejudicial to the sovereignty and integrity of India, defense of India, security of state and public order."

A source close to ByteDance said that in the past few years, the company had invested more than $1 billion in the Indian market, and the ban could virtually halt ByteDance's business there, causing a loss as high as $6 billion. That figure would exceed the potential losses of all the other apps combined.

TikTok is a short video-sharing platform under ByteDance, and Helo is a social media platform the company released for the Indian market. Another app called Vigo Video, which is also on the list, is also from the company.

According to data from Sensor Twoer, a mobile app analysis company, TikTok was downloaded 112 million times in May, with 20 percent of that total in the Indian market, double that of the US market.

According to Reuters, the Indian government has told local telecom operators to block visits to the 59 apps. For apps that have already been downloaded, the telecom operators must find ways to block users from visiting them. TikTok and Helo are no longer available in Indian app stores, and already-downloaded TikTok apps don't display any content.

In a statement, TikTok said that it is cooperating with the Indian government to block content, and the app will keep obeying local laws to protect users' privacy.

Many influencers on the platform were caught off guard by the sudden ban. Kumar Mahato, who shot into the limelight with his old-school Bollywood dance routines, said that he has put more than 18 months of effort into the platform, the Times of India reported.

"My journey with TikTok is testimony to the fact that such platforms can do wonders for artists like us," said the report citing Kumar, who has about 2.7 million followers on the platform.

India has long been seen by Bytedance as one of the world's most important markets. In April 2019, the company said that it would invest $1 billion in the Indian market. In July the same year, the company released plans to build a data center in India.

According to public information, the company has hired more than 2,000 local employees.

https://www.globaltimes.cn/content/...pany ByteDance - the,close to the matter said.

 

[striver44]

$6 Billion from just one apps blocked, now there's 59.

 

[grey boy 2]

 

[OBLiTeRate TrumpTurd]

... ...

Every time u show up in PDF, u are always embarrassing & humiliating
all ASIAN people in Indonesia and all other ASEAN nations with
your patented Boot--Licking Murican SLAVE behaviors & beliefs.

I have been wondering for quite sometime,
... why are u acting as a patented Boot--Licking Murican SLAVE ??

What is your real true motive ?
Why are you trying so hard to destroy the INDONESIAN prosperity ??


===

Many uninformed & brainwashed Indonesian are worried
about NATUNA island * ( which CHN has publicly & repeatedly
declared that NATUNA belong to Indonesia ).

Yet, these below are what have truly been happening in Indonesia ... ...

1) Are you aware that your SLAVE whitey master ... Murican
has brazenly STOLEN
SDA Minerals & Oils from Indonesia since 1945 ( way too many to count ) ??
( as Unlimited Gold in Freeport, Unlimited Offshore Oil in East Kalimantan,
and so many others NKRI SDA )


2) Are you aware that your SLAVE whitey master Australian
has brazenly STOLEN an Indonesian island called ( KEPITING MERAH )
& TIMOR & East PAPUA ??

Hint: Check * compare the island distance from Indonesia & Australia.


===

Proof:

RED Crab island ~ brazenly stolen from Indonesia by Australia

1) has been renamed by whitey Aussie as Xmas island

2)
RED Crab island ~ brazenly stolen from Indonesia by Australia

Pay attention to the distance
~ Red Crab island is so very close to Indonesia.
and, it is very, very far away from Australia.

3)
RED Crab island ~ brazenly stolen from Indonesia by Australia

because there are still too many uninformed
and brainwashed Indonesian citizens by the whitey westerners.

===

 

[striver44]

Every time u show up in PDF, u are always embarrassing & humiliating
all ASIAN people in Indonesia and all other ASEAN nations with
your patented Boot--Licking Murican SLAVE behaviors & beliefs.

I have been wondering for quite sometime,
... why are u acting as a patented Boot--Licking Murican SLAVE ??

What is your real true motive ?
Why are you trying so hard to destroy the INDONESIAN prosperity ??


===

Many uninformed & brainwashed Indonesian are worried
about NATUNA island * ( which CHN has publicly & repeatedly
declared that NATUNA belong to Indonesia ).

Yet, these below are what have truly been happening in Indonesia ... ...

1) Are you aware that your SLAVE whitey master ... Murican
has brazenly STOLEN
SDA Minerals & Oils from Indonesia since 1945 ( way too many to count ) ??
( as Unlimited Gold in Freeport, Unlimited Offshore Oil in East Kalimantan,
and so many others NKRI SDA )


2) Are you aware that your SLAVE whitey master Australian
has brazenly STOLEN an Indonesian island called ( KEPITING MERAH )
& TIMOR & East PAPUA ??

Hint: Check * compare the island distance from Indonesia & Australia.


===

Proof:

RED Crab island ~ brazenly stolen from Indonesia by Australia

1) has been renamed by whitey Aussie as Xmas island
View attachment 647004

2)
RED Crab island ~ brazenly stolen from Indonesia by Australia

Pay attention to the distance
~ Red Crab island is so very close to Indonesia.
and, it is very, very far away from Australia.

View attachment 647006


3)
RED Crab island ~ brazenly stolen from Indonesia by Australia

because there are still too many uninformed
and brainwashed Indonesian citizens by the whitey westerners.

View attachment 647007

===

 

[F-22Raptor]

$6 Billion from just one apps blocked, now there's 59.

I hope to see the US ban Tik Tok.

 

[mig25]

If you are a responsible parent or care for a kid, read this:

Spread it to your loved ones.

All tools can be adapted to almost any use. Many young and not-so-young people who use TikTok today consider it fun, a fad, a way of expressing themselves, or even a vehicle for activism. But it’s not that, or at least it’s not just that. It’s dangerous, by design. It’s the application of Chinese philosophy on the internet — we want to see everything, know everything, analyze everything without limits — to a West where, apparently, we’re trying to put some kind of limits on it. It’s taken many years to recognize Facebook for what it is and to try to bring it into line through boycotts: we should act now to limit TikTok and its malevolent activities.

Have no illusions: beneath its seemingly innocent exterior, TikTok is a public danger. If you know nothing about cybersecurity, trust the number of analysts who have been saying it for a while. Or ask the Indian Government. TikTok can’t be fixed: it’s problems lie in its very conception and in the culture behind it. The advice is clear: avoid it like the plague. Don’t say you weren’t warned.

https://www.forbes.com/sites/enriqu...eath-its-fun-exterior-lies-a-sinisterpurpose/

 

[8888888888888]

I seriously don't think think the OP is Indonesian, look more like a immigrant or moved away from Indonesian for a very long time.

If you are a responsible parent or care for a kid, read this:

Spread it to your loved ones.

All tools can be adapted to almost any use. Many young and not-so-young people who use TikTok today consider it fun, a fad, a way of expressing themselves, or even a vehicle for activism. But it’s not that, or at least it’s not just that. It’s dangerous, by design. It’s the application of Chinese philosophy on the internet — we want to see everything, know everything, analyze everything without limits — to a West where, apparently, we’re trying to put some kind of limits on it. It’s taken many years to recognize Facebook for what it is and to try to bring it into line through boycotts: we should act now to limit TikTok and its malevolent activities.

Have no illusions: beneath its seemingly innocent exterior, TikTok is a public danger. If you know nothing about cybersecurity, trust the number of analysts who have been saying it for a while. Or ask the Indian Government. TikTok can’t be fixed: it’s problems lie in its very conception and in the culture behind it. The advice is clear: avoid it like the plague. Don’t say you weren’t warned.

https://www.forbes.com/sites/enriqu...eath-its-fun-exterior-lies-a-sinisterpurpose/

He looks Indian.

 

[OBLiTeRate TrumpTurd]

According to the report from a Nano SLAVE ( the Singaporean reporter ) ... writing ...

A ( Minor whitey SLAVE owner ~ British ) after brazenly stolen it from NKRI, sold the Red Crab island to the ( Micro whitey SLAVE ~ Aussie ), and this report was believed to be the unquestionable TRUTH by a ( Nano Asian SLAVE ~ living in Indonesia / u ).


Wow, talk about the sneaky western whitey SLAVE brainwashing process
to the new Asian SLAVES in NKRI.

 

[Avatar]

Excellent. Chinese software need to be globally and systematically banned throughout the free world and slowly move towards boycotting Chinese manufacturing entirely.

 

[Raj-Hindustani]

Source:Global Times Published: 2020/7/1 22:17:50
42

Photo: VCG



Chinese internet company ByteDance - the parent of the TikTok and Helo apps - could lose up to $6 billion after the Indian government banned 59 Chinese apps following a deadly border clash between Indian and Chinese troops last month, a source close to the matter said.

The Indian Ministry of Information Technology on Sunday banned the 59 apps, claiming that they were "prejudicial to the sovereignty and integrity of India, defense of India, security of state and public order."

A source close to ByteDance said that in the past few years, the company had invested more than $1 billion in the Indian market, and the ban could virtually halt ByteDance's business there, causing a loss as high as $6 billion. That figure would exceed the potential losses of all the other apps combined.

TikTok is a short video-sharing platform under ByteDance, and Helo is a social media platform the company released for the Indian market. Another app called Vigo Video, which is also on the list, is also from the company.

According to data from Sensor Twoer, a mobile app analysis company, TikTok was downloaded 112 million times in May, with 20 percent of that total in the Indian market, double that of the US market.

According to Reuters, the Indian government has told local telecom operators to block visits to the 59 apps. For apps that have already been downloaded, the telecom operators must find ways to block users from visiting them. TikTok and Helo are no longer available in Indian app stores, and already-downloaded TikTok apps don't display any content.

In a statement, TikTok said that it is cooperating with the Indian government to block content, and the app will keep obeying local laws to protect users' privacy.

Many influencers on the platform were caught off guard by the sudden ban. Kumar Mahato, who shot into the limelight with his old-school Bollywood dance routines, said that he has put more than 18 months of effort into the platform, the Times of India reported.

"My journey with TikTok is testimony to the fact that such platforms can do wonders for artists like us," said the report citing Kumar, who has about 2.7 million followers on the platform.

India has long been seen by Bytedance as one of the world's most important markets. In April 2019, the company said that it would invest $1 billion in the Indian market. In July the same year, the company released plans to build a data center in India.

According to public information, the company has hired more than 2,000 local employees.

https://www.globaltimes.cn/content/1193243.shtml#:~:text=Chinese internet company ByteDance - the,close to the matter said.

Greattttttttt

 

[j20611]

Excellent. Chinese software need to be globally and systematically banned throughout the free world and slowly move towards boycotting Chinese manufacturing entirely.

Since you claimed internet was invented by India 1000 years ago, why were you importing chinese software in the first place
https://www.google.ca/amp/s/amp.theatlantic.com/amp/article/558725/

 

[mmr]

Excellent. Chinese software need to be globally and systematically banned throughout the free world and slowly move towards boycotting Chinese manufacturing entirely.

Lol and buy from india?

I barely ever find anything made in india in the west.

Maybe some leather shoes and wallet but thats pretty much it.

 

[8888888888888]

Excellent. Chinese software need to be globally and systematically banned throughout the free world and slowly move towards boycotting Chinese manufacturing entirely.

How about China banning trade with India in the process, wonder how long your government will change their tune.

 

[CAPRICORN-88]

It is really possible to ban a software application?
Leave alone 59. In fact that is how dishonest government disrupt trades. But setting a precedent in trade will has its consequences in the future ans India may not like it.
I wonder why there are there so many Youtubers and Facebook users in China?
It will be more helpful if India banned the import of all pharmaceutical raw material from China.