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Coverage dated June 14, 2023

TikTok to spend billions in SE Asia as e-commerce move pays off

Headline from Digital Journal

TikTok's chief executive said the company would pour billions of dollars into Southeast Asia in the coming years.

Digital Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

3 articles, oldest first.

  1. Bloomberg

    TikTok’s CEO Says It Plans to Invest Billions in Southeast Asia (opens Bloomberg)

    Published

    Bloomberg's feed description

    ByteDance Ltd.’s TikTok will invest billions of dollars in Southeast Asia over the next three to five years, as the Chinese behemoth moves to strengthen the presence of its hit video app in the region.

  2. CNN

    TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security (opens CNN)

    Published

    CNN's feed description

    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.

  3. Digital Journal

    TikTok to spend billions in SE Asia as e-commerce move pays off (opens Digital Journal)

    Published

    Digital Journal's feed description

    TikTok's chief executive said the company would pour billions of dollars into Southeast Asia in the coming years.