Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions via SABCNewsOnline

Tencent is best-known for its WeChat messaging app and a suite of popular games but is aiming to expand into business services as consumer internet growth slows and companies shift number-crunching from their own computers to the cloud.

“Our focus will be to capitalize on the advantages that Tencent has with the global video games eco-system, and help more customers – some of whom are Chinese businesses going overseas, some of whom are local game developers in foreign markets,” Tong said at Tencent’s headquarters in the southern Chinese city of Shenzhen.

“This segment will drag down the margin of Tencent,” said Morningstar analyst Chelsey Tam. Still, she said, “compared to 2C, 2B has a very low penetration in China and strong growth potential.” Tong said industries Tencent is targeting include mobility, fitness and finance. He said the firm is also expanding its cloud business internationally and seeking partners in South Korea and Southeast Asia to offer cloud-based games.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sanef welcomes Munusamy's special leave - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African National Editors Forum (Sanef) says it welcomes the decision by Tiso Blackstar to grant its associate editor Ranjeni Munusamy special leave in light of allegations against her at the State Capture Commission.
Source: SABC News Online - 🏆 32. / 51 Read more »

ConCourt rules on cabinet reshuffles - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.ConCourt rules on cabinet reshuffles The President may have to give reasons for firing cabinet Ministers if called to do so. Amen Con Court must pay school fees!!!😂😂😂😂😂
Source: SABC News Online - 🏆 32. / 51 Read more »

Zuma pays tribute to Hlongwa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Former president Jacob Zuma has paid tribute to the late deputy minister of Mineral Resources and Energy Bavelile Hlongwa at her memorial service in Durban.
Source: SABC News Online - 🏆 32. / 51 Read more »