China-based ByteDance, the parent company of popular short video application TikTok, will set up a data centre in India, becoming one of the first social media companies to do so in the country, the company said in a statement shared exclusively with Business Standard.
"India is one of our strongest markets and we are happy to be part of the mainframe of Digital India in 15 languages. 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 US and Singapore...We now believe the time has