TikTok confirms plans to build €1 billion data centre in Finland
TikTok planned to invest €1 billion (US$1.14 billion) to build its first data centre in Finland as it moved data storage for European users to the continent, a TikTok spokesman confirmed on Wednesday.
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The spokesman declined to give further details, as he confirmed the plan revealed to Reuters by two sources familiar with the matter.
Finland's prime minister's office did not immediately respond to a request for comment.
TikTok, owned by China-headquartered ByteDance, has been trying to address concerns over whether the Chinese government could access the data of European citizens who use TikTok.
In 2023, it launched a new data security regime, nicknamed 'Project Clover', with plans to invest €12 billion over 10 years amid growing pressure from lawmakers on both sides of the Atlantic.
A view of the port in Helsinki, Finland. Photo: Shutterstock
Several countries, the European Parliament, European Commission and others have banned TikTok from staff phones due to privacy concerns, while the US government has threatened to ban the app in the US on national security grounds unless the company's US assets are divested.
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