After months of uncertainty, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bytedance” target=”_blank”>ByteDance‘s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tiktok” target=”_blank”>TikTok is back on US mobile phones, spelling bad news for Chinese companies. Since its relisting on ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apple” target=”_blank”>Apple‘s App Store and Google Play five days ago, downloads of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chinese-apps” target=”_blank”>Chinese apps like ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/xiaohongshu” target=”_blank”>Xiaohongshu have plummeted 91%, according to ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sensor-tower” target=”_blank”>Sensor Tower data reported by Bloomberg.
TikTok’s return follows a brief disappearance from app stores on January 18, after ByteDance halted US services due to government demands for divestment. During this time, Chinese social media app Xiaohongshu (also known as Rednote) gained…
