SoftBank is said to consider bid for TikTok in India amid tech tensions between Beijing and New Delhi

//SoftBank is said to consider bid for TikTok in India amid tech tensions between Beijing and New Delhi

SoftBank is said to consider bid for TikTok in India amid tech tensions between Beijing and New Delhi

SoftBank Group is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to people familiar with the matter.Over the past month, the Japanese conglomerate, which owns a stake in TikTok’s Chinese parent ByteDance, has held talks with the heads of India’s Reliance Jio Infocomm and Bharti Airtel, the people said, asking not to be identified because the details are private. While discussions have fizzled since, SoftBank is still…

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By | 2020-09-04T01:30:15+00:00 September 4th, 2020|Technology|Comments Off on SoftBank is said to consider bid for TikTok in India amid tech tensions between Beijing and New Delhi