TikTok to Invest $8.8 Billion in Thailand Data Centres

Reported about 9 hours ago

TikTok, a subsidiary of ByteDance, will invest $8.8 billion into data centres in Thailand over the next five years, as announced by TikTok's Vice President of Public Policy, Helena Lersch, at an event in Bangkok. It's unclear if this investment is part of a previously announced $3.8 billion agreement by Thailand's investment board.

Source: YAHOO

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