Chinese firm Tencent said it would develop a regional hub for Southeast Asia in Singapore.
A media report suggested Tencent will develop a full-scale comprehensive hub in Singapore that will house its international game publishing business.
“We view Tencent’s decision as a necessary step to extend its enterprise service offering to this new market,” said Alex Liu, an analyst with China Renaissance.
However, Tencent didn’t reveal any details of the office. Earlier this year, Zoom opened its first data center for Southeast Asia in Singapore.