Indian Ban May Cost TikTok's Owner US$6 Bi…

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BEIJING, July 1 (TMTPOST) – ByteDance, the owner of TikTok, a popular short video-sharing app in India, may suffer US$6 billion in sales revenue due to the Indian government’s ban on Chinese apps, according to a source close to ByteDance.ByteDance has three apps, namely TikTok, Helo and App Vigo Vido, on the list of apps banned by India on Monday evening. TikTok targets overseas users while Helo is an app