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TikTok dials Mukesh Ambani, wants to know if he is willing to tango in India

TikTok dials Mukesh Ambani, wants to know if he is willing to tango in India
TikTok dials Mukesh Ambani, wants to know if he is willing to tango in India
Kevin A Mayer, CEO of TikTok and COO of its privately held parent ByteDance, is believed to have reached out to top RIL officials recently.

Synopsis

India ops of short-video app said to be valued at $2.5-5 billion; RIL terms report ‘speculation’

RIL is engaged in an early-stage exercise to evaluate the possibility of investing in TikTok’s India operations, according to at least six people aware of the matter. The development comes even as the clock is ticking on Microsoft’s fast-tracked negotiations to buy large swathes of the Chinese short-video platform’s global operations ahead of the September 15 deadline set by the Donald Trump administration.Kevin A Mayer, CEO of TikTok and COO of
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The Economic Times