TikTok Pte. Ltd, the Singaporean unit of China's ByteDance, is set to invest $3.8 billion in "data hosting services" in Thailand.

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,

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. Mo

ByteDance's TikTok will invest 126.8 billion baht ($3.76 billion) in Thailand in a data hosting service, the Thai investment board said on Wednesday. The Chinese firm's investment was made by its Singapore-based unit and would support activities of affiliated companies,

TikTok will invest 127 billion baht ($3.8 billion) in Thailand in a data hosting service, the Board of Investment said on Wednesday.

TikTok Pte Ltd will support the activities of affiliated companies through its Thai digital infrastructure project.

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According to a recent report by Momentum Works and Tabcut, Thailand ranked third globally in TikTok Shop’s gross merchandise value (GMV), generating approximately USD 5.7 billion in 2024. It trailed only the US (USD 9 billion) and Indonesia (USD 6.2 billion).

A TikTok star known for his expertise in a geography game said he noticed mountains located at Area 51 visible in one of the chef's Instagram photos.

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