TikTok to invest $37.7 billion in first Latin American data center - Bloomberg

Published 03/12/2025, 15:48
TikTok to invest $37.7 billion in first Latin American data center - Bloomberg

Investing.com -- ByteDance Ltd.’s TikTok plans to invest more than 200 billion reais ($37.7 billion) to build a data center in Brazil, marking its first project in Latin America, Bloomberg reports.

The company announced Wednesday it will partner with data center developer Omnia and Casa dos Ventos, a leading Brazilian renewable energy provider, to develop the facility in the northeastern state of Ceara. The project will be located near the industrial port of Pecém and will be powered entirely by clean energy from wind parks.

Monica Guise, head of public policy at TikTok Brazil, called it "a historic investment for the company in Brazil" during an event in Ceará attended by President Luiz Inacio Lula da Silva, Bloomberg reported. "It’s a key step that reflects the company’s commitment with Brazil, one of the most dynamic digital markets in the world," she added.

This expansion into Brazil comes as TikTok continues to face challenges in the United States. The company has not yet developed a plan to prevent its service from being blocked in the US. While the Chinese government pledged in November 2025 to work with Washington on resolving the fate of TikTok’s US operations, it has not fully supported a deal proposed by President Donald Trump that would spin off ByteDance’s platform into a new venture primarily owned by American investors.

Beijing-based ByteDance was ordered to either sell TikTok’s US business or face a ban. The original deadline was set for January 2025, but Trump has extended it multiple times as negotiations continue.

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