TikTok owner ByteDance to shut edtech business in India, says report

China-based ByteDance, which is the parent company of short-video making app TikTok, is quitting its edtech business in India, the media reported on Monday.

After the ban on TikTok last year, ByteDance now runs education learning app Snapsolve and music streaming platform Resso in the country.

According to a report in TechCrunch citing sources, “ByteDance is shutting down its edtech business in India”.

“Most of the employees, if not all, are being let go,” one of the sources said, according to the report, adding that “the edtech division employed over three dozen people in India”.