Tiktok invests $13b into Europe data privacy | investinchina.chinaservicesinfo.com

Tiktok invests $13b into Europe data privacy

By Fan Feifei chinadaily.com.cn Updated: Dec 01, 2023
Livestreamers promote products via TikTok from Wuhan, Hubei province, in October. [Photo provided to China Daily]

TikTok, owned by Chinese tech company ByteDance, announced on Friday that it plans to invest more than 12 billion euros ($13.1 billion) in Europe over the next ten years, as part of its broader push to establish local data centers and address concerns over data privacy. 

This project, called "Project Clover", will cover the cost of building three data centers, implementation of privacy enhancing technologies and the employment of an independent third-party security company NCC Group to audit and verify data controls and protections, TikTok said in a statement on its official website.

TikTok will build its second data center in Ireland, and another in the Hamar region of Norway. Last year, the company established its first European data center in Dublin, Ireland. All of these data centers will be co-location sites operated by third-party service providers, TikTok said.

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Tiktok invests $13b into Europe data privacy

By Fan Feifei chinadaily.com.cn Updated: Dec 01, 2023
Livestreamers promote products via TikTok from Wuhan, Hubei province, in October. [Photo provided to China Daily]

TikTok, owned by Chinese tech company ByteDance, announced on Friday that it plans to invest more than 12 billion euros ($13.1 billion) in Europe over the next ten years, as part of its broader push to establish local data centers and address concerns over data privacy. 

This project, called "Project Clover", will cover the cost of building three data centers, implementation of privacy enhancing technologies and the employment of an independent third-party security company NCC Group to audit and verify data controls and protections, TikTok said in a statement on its official website.

TikTok will build its second data center in Ireland, and another in the Hamar region of Norway. Last year, the company established its first European data center in Dublin, Ireland. All of these data centers will be co-location sites operated by third-party service providers, TikTok said.

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