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While TikTok's overall impact on India's economy before the ban is unclear, the company estimates that it drove $15 billion in revenue for U.S. small businesses in 2023 and contributed about $24 ...
But TikTok actually faced an even bigger exodus of users in 2020, when India banned the app. At the time, India was TikTok’s biggest foreign market outside of China, with 200 million users .
In total, TikTok says it contributed $24.3 billion to the country’s GDP that year. The report adds that over 7 million U.S. businesses rely on TikTok, supporting 224,000 jobs through small ...
According to newly released third-party data, TikTok has reason to dance. The famous short-video application saw its in-app purchase revenue rise 310% on a year-over-year basis, according to ...
That is what happened in India when TikTok was banned there on June 29, 2020. Nikhil Pahwa, who founded the tech policy publication MediaNama in India, told NBC News that the app shut down the ...
In June 2020, after a violent clash on the India-China border that left at least 20 Indian soldiers dead, the government in New Delhi suddenly banned TikTok and several other well-known Chinese apps.
“TikTok wasn’t a one-off case. Today, India has banned over 500 Chinese apps to date.” HOW DID USERS AND CREATORS REACT? At the time, India had about 200 million TikTok users. And the ...
This has helped bring the total number of TikTok users around the world to above 1.5 billion, with only India’s ban nearly three years ago slightly slowing its growth – but not by much.