Several industry insiders speculated that Tiki could have been a loosely affiliated subsidiary of one of the Chinese video apps that were banned by the Indian government in mid-2020. The ownership of Tiki, which was under the entity named Dol Technologies, remains somewhat mysterious. Singapore-based Tiki entered the Indian market immediately after TikTok was banned by New Delhi. Tiki was known for its original content and videos with a local focus. The closure of Tiki is surprising considering it boasted approximately 35 million monthly active users in India, its sole operational market, as reported by Sensor Tower and said by an industry executive, according to TechCrunch. As of 11.59 PM India time, June 27, 2023, all Tiki functions and services will cease," the announcement stated. "We regret to inform you that Tiki will be shutting down its operations. In an official post, Tiki expressed its regret and informed its users about the impending shutdown. TikTok on June 30 denied sharing information on Indian users with the Chinese government, after New Delhi banned the wildly popular app citing national security and privacy concerns. (Photo: NARINDER NANU/AFP via Getty Images) Indian mobile users browsed through the Chinese-owned video-sharing 'Tik Tok' app on smartphones in Amritsar on June 30, 2020.
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