Udayavni Special

Microsoft is aiming to acquire TikTok’s Global Business; Will TikTok relaunch in India?


Team Udayavani, Aug 10, 2020, 11:30 AM IST

Microsoft in a statement had announced that they are in talks with Bytedance and US government to acquire the US operations of TikTok. However, Microsoft is also aiming to acquire TikTok’s global operations, and that includes India as well.

According to FT, negotiations are on between Microsoft and ByteDance, which are TikTok’s owners to a possible acquisition. It is said that the deal can be pegged at $50 billion for entire global operations of TikTok

Will TikTok be relaunched in India?

According to Qrius, It is possible. TikTok has been banned in India due to its links with Chinese Govt, and due to privacy issues. However, once Microsoft acquires TikTok, it will become a US company, and then there will be no trouble.

But, it is said that the talk of acquiring Indian operations has ‘fell through’ in the initial phase. Also, a report by Livemint says, If Microsoft buys it in the US, perhaps that version will try venturing into India. But it would be better if TikTok’s domestic unit found an Indian buyer for it to be allowed back in.

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