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China tech

TikTok rival Kuaishou builds $1.4bn data center in China

Tencent-backed video app sees demand from product-placement streams

Kuaishou is China's second-largest short-form video app behind ByteDance's Douyin. (Photo by Yusuke Hinata)

GUANGZHOU -- Chinese video sharing app Kuaishou will spend about 10 billion yuan ($1.41 billion) to build its largest data center, as the company looks to support a user base poised for continued growth in a post-coronavirus market.

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