[SINGAPORE] Bigo Technology, a smaller rival of embattled Chinese appmaker ByteDance, is shifting servers from Hong Kong to Singapore, out of the reach of a new national security law at a time when it is seeking to emphasise independence from its Chinese parent. Read more at The Business Times.
Mr Ong said the firm runs"totally independently" of JOYY , a US-listed Chinese tech firm that bought it last year in a deal valuing Bigo at US$2.1 billion. Bigo is an abbreviation of"Before I Get Old".Mr Ong, who worked with Singapore's telecoms regulator before joining Bigo late last year, said it does not provide services in China, and has its own management, resources and infrastructure, including data centres.
Bigo's biggest data centre capacity is in Singapore, along with other markets where it operates, such as India, the US, Europe and the Middle East. Bigo said it had appealed to both Singapore and Indian governments for help in the matter. Neither immediately responded to a request for comment. "The ownership of a company isn't decided by where the headquarters is, but who takes the majority share," said Wang Xiaofeng, an analyst with research firm Forrester.
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