TikTok gets nod from Thailand for $26bn data center plan

Country looks to become digital technology hub for Southeast Asia TikTok Shop is one of the top three players in Thailand's surging e-commerce market. © Reuters BANGKOK — The Thailand Board of Investment (BOI) has approved a plan by a local TikTok unit to invest 842 billion baht ($26.2 billion) to expand data center operations in the country, the government agency said Wednesday.

Read the full article at the source →