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

Technology

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.

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