TikTok’s parent ByteDance eyes on India to deepen its root

ByteDance, TikTok’s parent company, is planning to establish a second corporate entity in India to gain prominence in the country.

According to 91mobiles sources, the new entity is most likely to offer Information Technology and IT-enabled services support to all ByteDance platforms worldwide, including in India.

The entity will facilitate the work of other branches located across the globe and focus on creating content across its various platforms.

As per an Economic Times report, ByteDance is expected to file an application with the government and regulators, including the Department for Promotion of Industry and Internal Trade in the next few weeks.

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