TikTok plans to build 1 billion euro data centre in Finland, spokesman confirms

TikTok plans to invest 1 billion euros ($1.14 billion) to build its first data centre in Finland as it moves data storage for European users to the continent, a TikTok spokesman confirmed on Wednesday. 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…