Tencent To Open Southeast Asia Regional Hub In Singapore

TENCENT-SINGAPORE:Tencent to open Southeast Asia regional hub in Singapore

Chinese gaming and social media group Tencent mentioned on Tuesday it might open a brand new workplace in Singapore that can be its regional hub for Southeast Asia.

  • Reuters
  • Last Updated: September 15, 2020, 8:27 AM IST

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HONG KONG: Chinese gaming and social media group Tencent mentioned on Tuesday it might open a brand new workplace in Singapore that can be its regional hub for Southeast Asia.

The transfer, including a Singapore base to places of work in Malaysia, Indonesia and Thailand, comes as Tencent presses on with a worldwide push regardless of current app bans in India and United States.






Southeast Asia has proved an vital marketplace for Tencent, with some hit video games, together with ‘Arena of Valor’, performing effectively there. Its cloud computing arm, Tencent Cloud, can be making inroads within the area as the corporate seeks to faucet into rising demand for distant IT companies for home-based employees amid the coronavirus pandemic.

“The Singapore workplace will even allow us to seize potential from the speedy tempo of digitisation and meet the demand for internet-based companies and options in Singapore,” the corporate mentioned in a press release.

Singapore lately has ramped up efforts to draw tech corporations and traders.

Reuters reported final week that ByteDance, proprietor of wildly fashionable short-form video app TikTook, plans to take a position billions of {dollars} and recruit a whole bunch of workers in Singapore after opting to base its Southeast Asia regional headquarters there.


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