TikTok makes record US$25b investment to expand digital infrastructure in Thailand

TikTok is investing US$25 billion in data infrastructure projects in Thailand, the company’s biggest investment announced to date in Southeast Asia, as China’s technology giants continue expanding their footprint in the region. The investment would be used to install additional servers and expand data storage and processing infrastructure across Bangkok, Samut Prakan and Chachoengsao provinces to support rising demand for digital services, according to an announcement by Thailand’s Board of...