Summary Bullets:
• Tencent is looking to expand globally to increase revenues. It is targeting a variety of industries in South-East Asia and the Middle East & Africa.
• As a software-only company, Tencent is less susceptible to western regulation potentially curtailing its activities.
Tencent’s recent Analyst Day and subsequent Ecosystem Summit this month was the vehicle used by the company to announce it is looking beyond China in earnest to expand and deploy its cloud and software solutions. Two regions were highlighted as key expansion areas: South-East Asia ex-China and Middle East & Africa.
Continue reading “Tencent is Eyeing Overseas Markets as the Chinese Tech Market Fast Approaches Maturity”
You must be logged in to post a comment.