TechCrunch
ByteDance is shutting down edtech business in India
ByteDance is shutting down its edtech business in India, the company informed the local team on Monday, according to two sources directly familiar with the matter. The decision follows weeks-long discussion in which the company also explored migrating India team to work with the European edtech team, sources said, requesting anonymity as they are not authorized to speak with the press. ByteDance, which cut down much of its India workforce last year, continues to employ people for the music and edtech businesses in the country.
