Bytedance to invest billions, recruit hundreds in Singapore in 3 years - source
- Country:
- Singapore
ByteDance, the owner of popular short-video app TikTok, is planning to invest billions of dollars and recruit hundreds of employees in Singapore over the next three years, a person familiar with the matter told Reuters. The Beijing-based company is purchasing more cloud-computing servers in Singapore to backup U.S. data for contingency, the source added.
ByteDance declined to comment when contacted by Reuters.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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