I have a conspiracy theory here. Alibaba & AliExpress are missing in that banned list. This seems more like a direct hit on ByteDance rather than China.

Facebook recently invested in Reliance Jio. There have been other investments from Silver Lake, Vista Equity Partners etc.

TikTok is a big threat to FB, Instagram & YouTube. ByteDance apps TikTok, Vigo Video, Helo have around 300 million users in India. Facebook user base is 280 million. ByteDance had more apps planned for this year.

Banning BD is a big win for Facebook & Reliance. Government also get's to score a few points in this coronavirus mess.