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Bytedance’s TikTok to invest $8.8 bln in Thailand data centres, official says

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By Reuters | Updated: 28 February, 2025

BANGKOK, Feb 28 (Reuters) – ByteDance’s TikTok will invest $8.8 billion in data centres in Thailand over five years, Helena Lersch, TikTok’s Vice President of Public Policy, said on Friday at an event in Bangkok.

It was not immediately clear if the investment included a $3.8 billion agreement, opens new tab announced last month by Thailand’s investment board.

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