Technically, TikTok’s existing 120 million active monthly users weren’t affected by the ban, because India’s court order only kept new customers from downloading the app from Apple’s App Store and the Google Play Store. But that didn’t stop TikTok developer ByteDance from claiming it was suffering up to $500,000 in financial losses each day the ban stayed in effect, according to a court filing spotted by Reuters yesterday.
TechCrunch has a full statement from ByteDance on the victory today:
We are glad about this decision and we believe it is also greatly welcomed by our thriving community in India, who use TikTok as a platform to showcase their creativity. We are grateful for the opportunity to continue serving our users better. While we’re pleased that our efforts to fight against misuse of the platform has been recognised, the work is never “done” on our end. We are committed to continuously enhancing our safety features as a testament to our ongoing commitment to our users in India.
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