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ByteDance explores sale of Indian TikTok assets to rival firm Glance: Report

FILE PHOTO: The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

13 Feb 2021 04:45PM (Updated: 13 Feb 2021 04:51PM)

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TOKYO: 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 (Feb 13).

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

Source: Reuters