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TikTok Owner ByteDance Weighs Data Center Expansion in Brazil

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EXCLUSIVE TikTok Owner ByteDance Weighs Data Center Expansion in Brazil TikTok owner ByteDance is considering expanding a data center project in northeastern Brazil, a move that would strengthen its standing as Latin America’s leading builder of computing facilities. The Beijing-based company is seeking a developer to oversee the second phase of a project at an industrial port in the state of Ceara, where it benefits from tax breaks for data exports, according to people familiar with the...

EXCLUSIVE TikTok Owner ByteDance Weighs Data Center Expansion in Brazil TikTok owner ByteDance is considering expanding a data center project in northeastern Brazil, a move that would strengthen its standing as Latin America’s leading builder of computing facilities. The Beijing-based company is seeking a developer to oversee the second phase of a project at an industrial port in the state of Ceara, where it benefits from tax breaks for data exports, according to people familiar with the process who asked not to be named discussing private information.
TikTok (ORG) ByteDance Weighs Data Center Expansion (ORG) Brazil (LOCATION) ByteDance (ORG) Latin America’s (LOCATION) Beijing (LOCATION) Ceara (LOCATION)
Originally published by Bloomberg Technology Read original →