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Tuesday, June 30, 2020

India’s app ban a setback to global ambitions of Chinese tech giants

The ban includes apps from some of the largest Chinese technology companies, including Alibaba, Bytedance, Baidu, Tencent, Xiaomi, YY Inc and Lenovo, which have been building up user bases of millions in India. Even more worryingly for them, India's move ban 59 Chinese apps could set a global precedent. Among the top 200 apps, the share of Chinese apps was at 38% in 2019.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ZnZWPo
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