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,
TikTok Gets Nod to Invest $3.8 Billion in Thailand Data Project
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
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.
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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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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