Tencent Cloud, a division of the Chinese tech giant, is gearing up to expand its media solutions to capitalise on growth in live-streaming and Web 3.0, while differentiating itself from US cloud computing rivals.
The move is intended to increase the company's overseas business amid a slowing economy and regulatory restrictions in the Chinese market.
"Southeast Asia is a growing cloud computing market as businesses continue their digital transformation journeys,"
Poshu Yeung, senior vice-president of Tencent Cloud International, said at a media event in Singapore yesterday.
Tencent Cloud has expanded rapidly in Southeast Asia, including two local data centres in Thailand that have posted triple-digit growth, along with centres in Singapore and Indonesia.
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