No Good Predictions for Tik Tok Videos, Loses $6bn after India Bans



No matter how many times we all have minced with the trending Tik Tok videos, predicting all sorts of emotions and experiences. Now it seems that dragon owned TikTok is all left without its vampire’s teeth. According to the latest information, with the advancement of imposing the irrevocable ban by India. Tik Tok has slipped down by losing $6 billion from the nation. 

As India left Tik Tok along with the other 59 Chinese apps all despair at the mercy of COVID-19. The socio-video making app has seen much heat from the slash. According to the report, this bold step by the Indian Government was imposed to keep all Indian data safely and without any mishandling. The officials claimed that the app was indulging in “prejudicial to sovereignty and integrity of India, defence of India, the security of State, and public order.” 

According to the consequences of banning Tik Tok, the company has soon predicted, contouring since a week’s ban that the firm will lose out USD 6 billion amount than the overall slashed revenue from the other 58 Chinese apps that were serviced out in June last week. 

As per the Chinese reports, ByteDance had become the state’s developed technological company that was on its stride with growing foreign investment. But, due to a ban over 59 Chinese apps by the Indian Government. The firm is facing the grills of its bad times. 

According to the latest news, Tik Tok got downloaded 611 million in 2020 contrary to 30.3% in 2019. As per the sources, it is also claimed that according to the latest ban by the Indian Government it has forfeited a darker side to the firm to handle and sit back. 

It is also seen that along with world-renown TikTok, there are other video creation Chinese apps that have faced the heat. This includes- Vigo Video, social networking app Helo, WeChat, and more. 

Tik Tok Gets Ban, CEO faces Big Challenge 

As the graph went up, it also came down the same. TikTok video best for making and assembling mimicry is now drowned. According to the information update, Tik Tok CEO Kevin Mayer (Tik Tok owner) is facing a big lash as India stopped public access from June. Mayer who previously led Disney’s streaming services is now amending with the current challenges so that a low percentage of the hamper can get recorded. As per the sources, it is revealed that the giant is facing the potential loss of a huge user base that was welcomed by Tik Tok previously. But, with the due ban, every rising stat which the business was experiencing lately is not having any spine. 

Additionally, as reported by the media sources for an information update that “India’s ban over Tik Tok has pushed the authority to compile the losses as the aftereffect of the ban”. Soon there will be a meeting with Indian stakeholders according to the losses it is incurred during this patch.  


The blog by India has shaken the Tik Tok net worth that started to lift itself since it got launched in 2017. According to the information update, ByteDance the parent company of Tik Tok has reported earning $5.6 billion in revenue in the first three months of this year. That showed Tik Tok net worth of escalation by 130% since the year it got launched. 

Accordingly stated by the latest news, Mayer presently faces a backlash of the consequences of India’s ban from allowing public usage after directing the App Store (iOS) and Play Store (Android) for the strict move. 

How the Ban will Affect the Indian Market? 

According to the latest news, 611 million downloads are from India. Being a huge amount to invest in the global business, the ban has imposed a complete deadlock for any future release or amendments. As stated in the information update, the installed app will continue to function but with restriction to updating the version any time sooner. Even if any notice comes from the Indian Government claiming that no data usage needs to be kindled, the app will lead to further inaccessibility of the app in the days to come. 

Simultaneously, the ban will push-up the country owned socio-video app like Chingari that has already witnessed 1 Crore+ downloads since its competitor Tik Tok has been grounded. There is also an alternative for Camscanner which was also banned in this. With the rising Indian service usage, Zoho Doc Scanner will soon allow its users the option of importing all files and creating a backup. 
Location: Lucknow, Uttar Pradesh, India

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