Just about a year back, when afaqs! did a cover story on TikTok, it seemed like the short video platform was nearing the end of its problems in India. It seemed like the major concern for the ByteDance-owned video juggernaut would now be to create sustainable revenue streams, and to retain and grow its mother lode of users.
Regarding Mehra’s doubts of how a geographic and data/user ownership bifurcation of a single app actually work, Sanchit Vir Gogia, chief analyst, founder and CEO, Greyhound Research, has a probable solution.
Gogia says, “Microsoft, General Atlantic, KKR & Co., Jio and a few other PE investors can acquire all of TikTok from ByteDance, and continue to operate it as one single entity. This way, investors protect the company and their investment.”
Gogia points out that TikTok has investments from US based investment firms General Atlantic and KKR & Co., both of which have invested in Reliance’s Jio platforms. Again, Instagram Reels, TikTok’s just launched rival in India, is owned by Facebook, which has also invested in Jio.afaqs!
For a more detailed report on this topic, please see this link:
Copyright © 2021 Greyhound Research. All rights reserved. You may share this research note using the options made available. Please don’t copy this research note (complete or parts) and distribute over the web and emails. Connect with us if you need clarifications.
Legal Note. The contents in this portal do not necessarily reflect the opinions, ideas, thoughts, points of view, and any other potential attribution to any contributor’s, commentator’s, or author’s past or future employers. No NDA’s have been broken. Email our Client Centricity Team to learn more on our NDA policy. Sources may come from both publicly available information and private individual conversations. In case of publicly available information, attributions have been added.