Reliance is likely to aquire tiktok for India

Indian conglomerate Reliance Industries could be about to invest in Chinese-owned social media app TikTok, according to a report from TechCrunch Thursday, which cited two sources familiar with the matter. ... TikTok's business in India has a valuation of $3 billion, according to one of the sources cited by TechCrunch.

Himanshi Agarwal

Well-known member
As Microsoft also said that it was planning on acquiring TikTok in the U.S. Reliance has become the biggest bidder for TikTok in India. The net worth of TikTok in our country is estimated to be 5 billion dollars.