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TikTok predicts staggering cash losses after India ban

Because of its ban in India, TikTok's parent company ByteDance Ltd. is expected to lose huge amounts of money. A recent report from Caixin (via the Economic Times) stated that the company is expected to lose a staggering $6 billion in losses due to the direct result of the Indian ban. After the Indian government banned, TikTok's parent company…
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