Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms [MSNBC.com]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
tencent.com/en-us/investor.html
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Source: MSNBC.com
In this articleThe Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China.Cheng Xin | Getty Images News | Getty ImagesDowson Tong, CEO of Tencent's cloud group, told CNBC that the company plans to expand the number of "availability zones," locations designated as sites for potential clusters of data centers, for its cloud services over the next 12 to 18 months, in countries across Asia Pacific, Europe, and the Middle East.In the Middle East, Tencent is "actively" exploring building data centers there to service cloud customers, Dowson added."We do intend to increase our investment in the region and establish a stronger partnership network. And that's all in the plan," he said, declining to give more specific timelines or countries where exactly the availability zones might be.Tencent's planned expansion in the Middle East comes as countries
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