TikTok parent company ByteDance to open its first ever data centre in India
ByteDance, the parent company of the social media video app TikTok has confirmed that the launch of a data centre facility in India is on the way.
Talking to Business Standard, the company revealed in a statement that it has been storing its data in third party data centres now, but will be taking its expansion stategy to the next level with the company’s very own data centre facility.
The report revealed that this step is a part of the company’s $1bn investment strategy, which ByteDance plans to commit to the Indian market over the next three years.
A ByteDance spokesperson told Data Economy that India is one of the company’s strongest markets.
“We are happy to be part of the mainframe of Digital India in 15 Indian languages,” said the spokesperson in an email statement.
“Since the launch of our platforms in India, we have stored the data of our Indian users at industry-leading third-party data centres in the U.S. and Singapore.
“This is in line with our constant endeavour to ensure that we have the best interests of our local users at heart. We now believe that the time has come to take the next big leap.
“As a testimony to ByteDance’s recognition of India’s efforts to frame a new data protection legislation, we are pleased to announce that we are taking a significant step towards establishing a data centre in India.
“We are now in the process of examining options for safe, secure and reliable services for our Indian users within India’s borders. In line with this effort, we are looking forward to having a more active dialogue with relevant stakeholders and setting new benchmarks along the way.”
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In hindsight, watching the popularity of the short video app grow to over 500 million monthly user since its launch in 2016, launching a data centre would naturally be in the cards.
It was reported even more recently that the app now witnesses 1.5 billion monthly active users globally as of last month, according to technode.
Founded in 2012, ByteDance has a portfolio of applications available in over 150 markets and 75 languages, which includes Toutiao, Helo, TikTok, Douyin, News Republic, Vigo Video, Huoshan, Xigua Video, TopBuzz, BuzzVideo and FaceU.
A report published at the start of the year predicted the India data centre market set to reach a staggering $4bn in value by 2024.