Politics To avoid getting banned in the US, the TicketLock...

To avoid getting banned in the US, the TicketLock app can be sold to an American company.

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Hong Kong Chinese mobile app company TikTok is making very systematic plans to resume its business in India. 59 Chinese apps, including TicketLock, were banned by the Indian government last month. According to the information, after this decision of India, now the US has also made an idea to ban the Chinese mobile app TicketTalk. According to sources, Ticketcock is trying to sell some part of the company to an American company, so that the app is not banned in the US. According to the Financial Times, Sequoia and General Atlantica plan to buy it. The Treasury Department is in talks with it.

Significantly, after the outbreak of Corona virus, relations between the US and China have deteriorated, due to which it has affected the trade of both countries. The US has been talking to Ticketcock about posing a threat to national security. Several leaders, including President Donald Trump, Secretary of State Mike Pompeo, have spoken of banning Ticketock. According to a CNN report, Byte Dance runs the diazin app in China. Its branding and logo are similar to TicTalk. Part of this app can be sold under a deal with American companies. Tiktok has not yet clarified anything about the deal. However, a month ago it talked about making some changes. Both US companies have also not made any disclosures about the deal. The US government is also monitoring this matter.

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