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Wednesday, March 31, 2021

India freezes bank accounts of TickTok owner BiteDance

 
India freezes bank accounts of TickTok owner BiteDance

 

 

 India freezes bank accounts of TickTok owner BiteDance


India has frozen the accounts of BitDance, the owner of the banned Chinese app TikTok. 

 

 

BiteDance has approached the court with a request to withdraw it. 

 

 

The company still has about 1,300 employees in India. 

 

At the same time, BitDance responded that they would fully co-operate with the authorities' move and that they were a company that respected the laws of each country. 

 

 

They said the move by the tax authorities was wrong but they would abide by the law.

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