TikTok will park ~$3.8B for data hosting

TikTok to invest $3.8 bln in Thailand data hosting project, investment board says
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.
TikTok to invest $3.8bn in Thailand data hosting services
The investment by TikTok Pte., the Singapore-based unit of the Chinese tech giant, has received approval from the Thailand Board of Investment.
TikTok to invest $3.8bn in Thai data hosting service
TikTok Pte. Ltd, the Singaporean unit of China's ByteDance, is set to invest $3.8 billion in "data hosting services" in Thailand.
TikTok will park ~$3.8B for data hosting in Thailand
TikTok, owned by ByteDance (BDNCE), is set to invest approximately $3.76 billion (126.8 billion baht) in a data hosting project in Thailand, according to the country's investment board. This investment aligns with TikTok's ongoing efforts to expand its operations and improve its technological capabilities,
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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.
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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,
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TikTok to invest $3.8 billion in Thailand data hosting project, investment board says
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 to invest $3.8bn in Thailand data centre
TikTok will invest 127 billion baht ($3.8 billion) in Thailand in a data hosting service, the Board of Investment said on Wednesday.
TikTok gets nod to invest US$3.8bil in Thailand data project
TikTok Pte Ltd will support the activities of affiliated companies through its Thai digital infrastructure project.
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