Chinese short video-sharing service operator TikTok plans to invest $8.8 billion in building data centers in Thailand over five years, TikTok’s Vice President of Public Policy Helena Lersch said during an event in Bangkok on Friday.
In January, Thailand’s Board of Investment announced TikTok’s plans to invest $3.8 billion in the country. It is unclear whether this amount is included in the total amount of investments announced by Lersh. The number of TikTok users in Thailand is over 50 million.
