TikTok-owner ByteDance clocks first-ever profit in India
"Since the launch of our platforms in India, we have stored our Indian users` data at industry-leading third-party data centres in the US and Singapore. We believe the time has come to take the next big leap," the company added.
Chinese conglomerate ByteDance that owns popular short video-sharing app TikTok has finally been able to clock profit in India, Photo: Reuters