Trending

Stories

TikTok Owner ByteDance to Shut Edtech Biz in India: Report

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

China-based ByteDance, which is the parent company of short-video making app TikTok, is quitting its edtech business in India, the media reported on Monday.

After the ban on TikTok last year, ByteDance now runs the education learning app Snapsolve and music streaming platform Resso in the country.

Also Read

According to a report in TechCrunch citing sources, “ByteDance is shutting down its edtech business in India”.

“Most of the employees, if not all, are being let go,” one of the sources said, according to the report, adding that “the edtech division employed over three dozen people in India”.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

ByteDance was yet to react to the report.

SnapSolve says it is “the choice of over 1 million Indian students for doubt-solving and learning.” The app helps students from classes 6 to 12.

“SnapSolve is a doubt-solving app providing instant solutions to math, physics, chemistry, biology and science doubts and NCERT book questions. Similar to Vedantu, Byju’s, Doubtnut, Quesgo, Snapsolve is a free learning app that insists on building your unique learning experience,” reads its description on Google Play Store.

The Indian online edtech space is booming, with several new platforms receiving great funding in the remote learning era.

In 2020, the Indian government banned several apps developed by Chinese firms, including TikTok, over concerns that these apps were engaging in activities that threatened the national security and defense of the country.

Reports surfaced this year that ByteDance has started selling the AI technology of the short video-making app to other companies, including in India where the app is banned.

A Financial Times report had said that the company has kicked off a new division called BytePlus and is selling TikTok AI to companies like India-based social gaming platform GamesApp, US fashion app Goat, Singapore travel site WeGo, Indonesian shopping app Chilibeli, among others.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022 India Approved $320m to Promote Homegrown Payments Network Twitter Roll Out TikTok-like ‘For You’ Timeline on iOS Nothing Phone Enters US with Beta Membership Program
Finally! Apple’s VR Headset Coming this Spring Harvard Scientists Develop New Cell Therapy to Kill, and Prevent Brain Cancer HTC Vive XR Elite VR/AR Headset Now Selling for $1099 Realme 10 Launched in India with Helio G99 Gaming Chipset Twitter Data Breach Revealing User’s Private Information Instagram New Feature to Create Albums With Friend Redmi Note12 Pro Plus Launched in India POCO C50 Launched in India