Thailand Secures $3.76B Investment from TikTok for Data Hosting

According to the investment board, the Chinese company is making this investment through its Singapore-based unit to support its affiliated businesses. Operations are expected to begin in 2026. This investment is part of a total of $5 billion in newly approved projects announced on Wednesday.

Nintendo has revised its full-year sales forecast for its popular Switch console.

This investment comes as several major tech companies are setting up data centers in Thailand, the second-largest economy in Southeast Asia.

Last year, Google, owned by Alphabet Inc., announced a $1 billion investment in Thailand, following Amazon Web Services' $5 billion commitment over 15 years. Microsoft has also revealed plans to establish its first regional data center in the country.

BOI secretary-general Narit Therdsteerasukdi stated that TikTok’s investment is a significant step in strengthening Thailand’s digital and AI infrastructure, bringing the country closer to its goal of becoming a regional hub.


Source:
Reuters Staff. (2025, January 29). TikTok to invest $3.8 bln in Thailand data hosting project, investment board says. Reuters. https://www.reuters.com/technology/tiktok-invest-38-bln-thailand-data-hosting-project-investment-board-says-2025-01-29/

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