the sun malaysia ipaper logo 150x150
Saturday, July 25, 2026
27.6 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

TikTok says to increase investment in Britain

LONDON: TikTok plans to raise its investment in the UK, its biggest community in Europe, with the creation of 500 more jobs, the Chinese-owned social media giant announced Monday.

The news coincided with the start of London’s Tech Week, which sees British Prime Minister Keir Starmer welcoming some of sector’s biggest firms.

“TikTok’s UK workforce will grow to 3,000 this year with the addition of more than 500 jobs,“ the company said in a statement.

It added that it was investing in a new London office, set to open next year, and whose size will dwarf its current UK head office.

It will take TikTok’s investment in UK infrastructure to around £140 million ($190 million), the group said.

Around half the UK population, more than 30 million people, use TikTok each month, making it the platform’s “largest user-community in Europe”, the statement added.

“Whether through direct investment in jobs and innovation, or the wider economic contribution from millions of British businesses on TikTok, we’re pleased to be increasing our investment and presence here in the UK,“ said Adam Presser, director of TikTok UK and global head of operations and trust and safety.

TikTok has been in the crosshairs of Western governments for years over fears personal data could be used by China for espionage or propaganda purposes.

“What underpins our continued growth is our deep commitment to safety and to creating an enjoyable and secure digital space to sustainably support creators, entrepreneurs and the wider economy, which is why we also invest significantly in safety,“ Presser added Monday.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu has launched a 400-square-metre Chinese Culture Pavilion outside the FIFA World Cup Final venue in New York, showcasing traditional Chinese culture through immersive exhibits inspired by Beijing's Central Axis. The initiative reinforces Mengniu's commitment to promoting Chinese culture while expanding its global presence as an Official Sponsor of the 2026 FIFA World Cup.

House of Origin elevates the Cantonese culinary canon with pristine expressions for summer

House of Origin at Galaxy Macau has launched a new summer dining programme featuring a seasonal Cantonese menu, an exclusive 15-Year Moutai pairing dinner and a refined lunch service. The latest offerings celebrate premium seasonal ingredients, traditional Cantonese craftsmanship and contemporary culinary artistry.

Breaking the bed bug control industry bottleneck: Nobedbugs-HK redefines global bed bug eradication standards...

Hong Kong-based Nobedbugs-HK is setting a new benchmark in the global pest control industry with its proprietary thermal treatment technology and custom formulations. Having completed over 10,000 successful bed bug eradication projects, the company claims a 100% success rate while addressing long-standing challenges in residential and commercial pest control.

AIA Hong Kong leads industry again with most No.1 market positions in Q1 2026

AIA Hong Kong has once again emerged as the insurer with the most No.1 market positions in the first quarter of 2026, according to provisional statistics released by the Insurance Authority. The company led across multiple categories, including new business policies, inforce policies, agency channel premiums and group insurance, reinforcing its leadership in Hong Kong's insurance market.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings