Tiktok to shut down India business

Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.Tiktok's global interim head Vanessa Pappas and vice president for global business solutions Blake Chandlee in a joint email to employees have communicated the decision of the company that it is reducing team size and the decision will impact all employees in India.Bytedance executives said that the decision to ban its app came despite the company complying with local laws and regulations.
The executives expressed uncertainty on the company's comeback to India but expressed hope to do so in times to come."While we don't know when we will make a comeback in India, we are confident in our resilience, and desire to do so in times to come," the email said.The government had blocked Tiktok and Helo along with 59 apps in June and has further communicated to the companies that the order to block them will be continued."We've cut expenses, while still paying benefits. However, we simply cannot responsibly stay fully staffed while our apps remain un-operational. We are fully aware of the impact that this decision has for all of our employees in India, and we empathize with our team," the e-mail said.