Communication Jul 02, 2020 10:13 AM (GMT+8) · EqualOcean
People with connections in ByteDance said that in the past few years, ByteDance had invested more than USD 1 billion in India, and now its products are almost destroyed due to the ban, resulting in losses of more than USD 6 billion. They further said that this amount is likely to exceed the total loss of all the other Chinese companies on the banned list.
Related companies: