TikTok to Invest Billions of Dollars in Southeast Asia to Boost E-Commerce Business
JAKARTA—Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630 million—half of them under 30—is one of TikTok’s biggest markets ...
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