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Chinese company could not withstand a month’s protest against India, it was sold out

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Chinese company could not withstand a month's protest against India, it was sold out 1

new Delhi. Tiktok ban in India, the parent company Bytedance has not been able to withstand even a month. Now the world’s largest superpower America has also announced the ban of this Chinese company (America Ban Tiktok). Statements have also come from US President Donald Trump and Secretary of State Mike Pampio. On the other hand, the talk of American company Microsoft buying Tiktok’s American operations (Microsoft Buy Tiktok American Operations) is coming out. Oddly enough, Bydtok is banned from the United States and will lose 6 times the annual revenue in the US compared to India. Let us also try to explain to you how the mathematics of ByteDance will deteriorate if Ticketcock is banned from America.

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How much is the user base of Tiktok in America
At present Tiktok is still active in more than 150 countries. Where there are more than 100 crore users. If you talk about America, then 175 million times have been downloaded here. While the number of users in China is around 200 million. Talking about India, TikTok was downloaded about 28 crore times in the first 11 months of 2019 before it was banned. There were 12 crore monthly active users. That is, India was ahead of both China and America in terms of downloads. Well, if this is the case of America, then there is no shortage of Tiktok divans here. Crores of loans are earning a lot of money.

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How much is earned in America
If we talk about revenue, Tittock’s parent company ByteDans earn more. In terms of annual revenue, Bite Dance earns more than 6 times in America compared to India. In the 2019-20 financial year, Ticketcock’s revenue in India was 100 crores and in the US it was seen more than 650 crores. While China had a revenue of 2500 crores rupees. Now you can imagine how harmful it can be to lose America.

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Growth is growing rapidly
According to the report, before the ban in India, Ticketcock’s market growth is seeing 8.4% growth in the first quarter of the financial year 2020-21. At the same time, if we talk about America, then on a year-on-year basis, the growth of Ticketcock in the US has been seen at 17.6 percent, while in Brazil, it has been seeing 27.1 percent growth. In such a situation, BiteDance is bound to get upset after the announcement of banning Ticketcock in America.

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Loss of 45 thousand crores in India, how much in America
After Tiktok has been banned in India, it has been estimated in the report of Chinese media The Global Times that a loss of 45 thousand crores is possible after Tiktok is banned in India. If we talk about America, then base India and look at the growth rate of 17.8%, then there is estimated to be a loss of about Rs. 3 lakh crores in the United States.

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