Menu
Tencent adding five data centers to target cloud users outside China

Tencent adding five data centers to target cloud users outside China

A data center in Silicon Valley was opened on Tuesday

Tencent Holdings has opened a data center in Silicon Valley on Tuesday, with four more planned outside China as part of its bid to grow its cloud business outside the country.

The proposed data centers in Frankfurt, Mumbai, Seoul and Moscow are targeted at Chinese companies looking to expand overseas and international companies expanding their businesses in China or other parts of the world, the Chinese internet giant said Tuesday. The centers are expected to go into operation this year.

Rival Alibaba has also set up data centers outside China to expand its cloud business outside the country.

The new investment aims to meet growing demand worldwide for the company's cloud services from online games and finance, video and other internet-related industries.

Tencent Cloud already operates over a dozen data centers across mainland China. It started its expansion outside the country in 2014 with a data center in Hong Kong, followed by centers in Singapore and Toronto. The company plans to expand both the Hong Kong and Silicon Valley data centers this year.

The company, which owns China's large social network WeChat, reported in March that its cloud services revenue more than tripled year-on-year in 2016 as both the number of enterprise accounts and usage of existing accounts increased.

Starting from primarily serving game developers through its cloud services, Tencent has made deep inroads into other markets including online gaming, video broadcasting, internet finance, municipal service and enterprise.

The company believes that it has “a unique advantage” in its solid foundation of technologies in areas such as security, payment, big data analytics, photo processing mini programs and artificial intelligence. “Utilizing these technologies, Tencent cloud provides tailored solutions for various customers and industries,” Martin Lau, company president, said during an earnings call last month.

Tencent has also been making a number of strategic investments worldwide, including its acquisition of a 5 percent stake in car maker Tesla and its investment in Supercell, the Finnish developer of the mobile game Clash of Clans.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Reseller News has honoured the leading female front runners of the New Zealand ICT industry at the 2019 Women in ICT Awards (WIICTA) in Auckland. The awards recognised standout individuals across six categories, spanning Entrepreneur, Rising Star, Shining Star, Community, Technical and Achievement. Photos by Gino Demeer.

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA
Reseller News kicks off awards season in 2019 with Judges' Lunch

Reseller News kicks off awards season in 2019 with Judges' Lunch

The 2019 Reseller News Innovation Awards has kicked off with the Judges Lunch in Auckland with 70 judges in the voting panel. The awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors. Photos by Christine Wong.

Reseller News kicks off awards season in 2019 with Judges' Lunch
Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Show Comments