Correct option is C
The correct answer is (C) ByteDance
Explanation:
TikTok is owned by the Chinese technology company ByteDance, which was founded by Zhang Yiming in 2012.
The app was originally launched as Douyin in China in September 2016. The international version, TikTok, was launched in 2017 for markets outside of mainland China.
ByteDance gained significant global traction after acquiring another popular short-video app, Musical.ly, in November 2017 and merging it into TikTok in August 2018.
ByteDance is considered one of the most valuable "unicorns" (privately held startups) in the world, owning several other successful platforms like Toutiao (a news aggregator).
Information Booster:
Despite being owned by the same company, Douyin and TikTok operate on separate servers and have different content to comply with Chinese censorship and data regulations.
In India, TikTok was banned by the Ministry of Information and Technology in June 2020, along with several other Chinese apps, citing national security and data privacy concerns.
Additional Knowledge:OpenXcel, Consagous Technologies, and RipenApps (Options A, B, and D)
These are IT service and mobile app development companies.
They provide software solutions and "app-for-hire" services to other businesses but do not own major global social media platforms like TikTok.