Menu
KrASIA
News

ByteDance to invest several billion dollars, add hundreds of jobs in Singapore: Report

Written by Yin Lin Tan Published on 

Share
The company is currently hiring for more than 200 Singapore-based positions, including roles for Thai and Vietnamese speakers.

Beijing-based technology startup ByteDance, parent company of video-sharing app TikTok, intends to expand in Singapore and use the country as a foothold for the rest of Asia, Bloomberg reported.

ByteDance will spend “several billion dollars” setting up a data center and adding “hundreds of jobs” in Singapore. The company is currently looking to hire more than 200 Singapore-based positions, according to its job portal. These also include positions for Thai and Vietnamese speakers, further bolstering ByteDance’s efforts to expand into the region.

In March, the company launched a recruitment drive as part of plans to set up an advertising network center in Singapore. ByteDance’s office collaboration app Feishu, also known as Lark, is headquartered in Singapore. The firm also applied for a digital bank license in the city-state in January.

The move to expand in Singapore comes after TikTok’s ban in India and amidst a potential ban in the United States. Several companies, including Microsoft, Walmart, and Oracle, have been in talks to purchase TikTok’s US operations, but the deal might be stymied by new regulations that restrict Chinese companies from exporting AI technology to non-Chinese companies.

Share

You might like these

  • Insights

    Chinese social apps tussle in Indonesia’s influencer economy

    By 

    Khamila Mulia and 

    AJ Cortese

    02 Dec 2020    03:18 AM

KrASIA InsightsKrASIA Insights

  • ByteDance’s TikTok has dislodged Instagram as the go-to platform for Indonesian influencers, but Kuaishou’s Snack Video is giving TikTok a run for its money.

    Insights

    Chinese social apps tussle in Indonesia’s influencer economy

    By Khamila Mulia

    02 Dec 202003:18 AM

Most PopularMost Popular

See All