TikTok parent erupts into a new market

Company mulling expansion into Israel, could be established in-market by 2024

New facilities coming in 2022, new chip to be used in company’s data centers

Also launches previously announced facility in Indonesia

Cloud unit saw slower revenue growth due to loss of ‘top cloud customer’ rumored to be TikTok owner ByteDance

Company stays busy as it faces $2.8 billion anti-monopoly fine

Chinese giant's cloud business sees revenue of $2.4 billion for Q4 2020, just $3 million adjusted EBITA profit

With Alibaba Cloud in the lead

Thanks to three “super data centers” in important economic hubs

It beats having to build your own data center

But facility details are unclear

As part of the country's Belt and Road Initiative

Amidst major expansion plans

Including data centers, operating systems, and semiconductors

First major cloud player to go beyond 99.99 percent

To serve Chinese firms expanding overseas.

Joining Google, Facebook and Amazon in deploying its own hardware

With more than $1bn in backing

Along with a startup accelerator program

Offering infrastructure and full stack of services for what it says is Europe's largest cloud market

Inner Mongolia region bids to be a data center powerhouse for China

Bringing both AWS and its e-commerce services to the country

The company has confirmed the location, but failed to specify a date

On-premises infrastructure from the Chinese cloud giant