TikTok to invest $1.14b to build its first data centre in Finland

TikTok to invest $1.14b to build its first data centre in Finland

TikTok logo is pictured on the U.S. headquarters of the social media company in Culver City, California, U.S. January 18, 2025. REUTERS/Fred Greaves

TikTok plans to invest 1 billion euros ($1.14 billion) to build its first data centre in Finland as it moves data storage for European users to the continent, a TikTok spokesman confirmed on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter