ByteDance proposal deal

[poornima lagadapati]

China will need to approve ByteDance's proposed deal with Oracle Corp for its TikTok app, the Chinese company said on Thursday, indicating how its bid to stave off a ban in the United States could be further complicated.

 

[Himanshi Agarwal]

Chinese giant ByteDance is engaging in early discussions with Reliance Industries Limited for backing TikTok's business in India in a move to potentially save the popular video app's fate in its biggest market by users, two people familiar with the matter told TechCrunch.