TikTok will park ~$3.8B for data hosting
Nikkei Asia · 3d
TikTok to invest $3.7bn in Thailand data center project
BANGKOK -- TikTok will spend 126.8 billion baht ($3.76 billion) to launch a data center project in Thailand, according to the country's investment authorities. The Chinese-owned video content platform plans to provide data hosting functions to affiliate companies, Thailand's Board of Investment (BOI) said Wednesday.
Azer News · 4d
Thailand aims to become digital hub with TikTok's $3.8 billion data center investment
Social media platform TikTok won Thai government approval to invest $3.8 billion in data hosting services, as the Southeast Asian country pushes to become a hub for data centers and cloud services, Azernews reports,
MarketWatch · 4d
Thai Investment Board Approves $5 Billion of Investments, Including TikTok Project
Thai investment officials have given the green light to about $5 billion worth of projects including a data-hosting services venture from social media giant TikTok. The Thailand Board of Investment said on Wednesday that it has approved investment incentives for projects valued at 170.
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