How much did TikTok lose after ban in India?

And there are fake apps sprouting up as scams. Most of TikTok’s most popular Indian influencers are now shifting to these apps, losing followers, influence, and revenue. (It’s estimated that India’s top 100 influencers have collectively lost over the equivalent of $15 million since the ban.)

How much loss did TikTok in India?

NEW DELHI: India’s ban on Chinese app TikTok has led to loss of about ₹120 crore in annual earnings of top 100 influencers on the platform, as per a report from the Indian Institute of Human Brands (IIHB). A content creator, with a follower base in millions, could earn ₹30,000-35,000 a month, the report said.

How much did TikTok lose after ban?

Chinese tech giant unicorn ByteDance Ltd is anticipating a loss of over $6 billion after three of its apps, including the hugely popular video app TikTok, were banned by India this week, a media report said.

Will TikTok work after ban in India?

TikTok is still facing its ban in India and some other countries. After India, many countries are also considering censoring or banning the app because of these concerns. Even if you live in a country that has banned TikTok, you can still download the app.

Can India ban all Chinese products?

There is no blanket ban on Chinese imports, provided Beijing follows rules, does not engage in dumping to hurt Indian industries, and does not pose a threat to India’s national security. “All critical items are still imported [from China].

What is new TikTok in India?

TikTok will soon make a comeback to India soon as a rebranded TickTock. The parent company ByteDance has filed for a trademark in the country for the same name. ByteDance filed the trademark for the new TikTok name in India with the title TickTock on July 6.

Where are Indian TikTokers now?

While TikTok’s time in India may have ended a year ago, erstwhile TikTokers have found new homes. YouTube, Twitter and Instagram have been joined by homegrown apps like Chingari, Moj, Roposo, MX TakaTak and Rizzle.

What if India stops importing from China?

More importantly, China’s imports from India are less than 1\% of its total imports. The point is that if India and China stop trading then — on the face of it — China would lose only 3\% of its exports and less than 1\% of its imports, while India will lose 5\% of its exports and 14\% of its imports.