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SMI - GERAL Q1 2026
+0.64 % 291.76
=
INCOME RETURN
+2.21 % +
APPRECIATION RETURN
-1.57 %
USD / MXN
0.00 % 17.51
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 3.94 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
0.00 % 67,640.59 PTS
UDIs
0.00 % 8.82 PTS

After Establishing a Presence in Major Latin American Cities, TikTok to Invest in Physical Expansion in the US

  • The Chinese company plans to increase its space in three major North American cities
Rubo Liang, CEO of ByteDance / Los Angeles office | Photo: Disclosure / ByteDance
Rubo Liang, CEO of ByteDance / Los Angeles office | Photo: Disclosure / ByteDance
By: SiiLA News
02/02/2024

International sources reveal that ByteDance, the company that owns TikTok, is planning a significant expansion in its offices in the United States. This new strategy will not only result in an increase in the company's occupied space but also imply a shift to the in-person work model.

The new venture will be in Silicon Valley, California, a location known for hosting a large concentration of technology companies. In addition, other locations are being considered, such as the Seattle metropolitan area in Washington and Nashville, Tennessee.

Sources indicate that the Chinese company may occupy the space formerly used by the technology giant Microsoft in Bellevue, an adjacent region of Seattle, totaling about 22,000 m² only in the state of Washington.

Currently, ByteDance maintain offices in Los Angeles, California, a WeWork space in Nashville, New York, San Francisco, and Austin. 

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Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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