Tencents selects Singapore as South East Asia Hub influx setback in US, India


Chinese tech giant Tencent said that on Tuesday it was opening a new Singapore office to serve as a South East Asia hub, as the company was refusing to return in the US and India.

The firm is the latest Chinese technology leader to expand into an area of ​​650 million with a rapidly growing middle class, and to use the city-state as a base.

Tencent In a statement announced the new office, adding that it was “expanding its business presence in Singapore to support our growing business in Southeast Asia and beyond”.

The company, which already has offices in Malaysia, Thailand and Indonesia, said it is recruiting for various positions.

Bloomberg News quoted anonymous sources as stating that the company’s plans to set up a regional hub in Singapore were intensified by geopolitical tensions.

In America, the President Donald Trump is Ban announced From mid-September on Tencent’s social media platform WeChat, As well as TIC Toc, Owned by the Chinese tech giant ByteDance.

India has banned Chinese app scores, including Tencent’s hit games PUBG Mobile And Arena of valor, After soldiers engaged in a series of skirmishes on the disputed Himalayan border of neighbors.

Other companies seeking to establish a presence in the city-state include ByteDance, which plans to spend billions of dollars to expand its presence, while Alibaba Singapore-based ride-healing firm in talks to invest grab, Bloomberg reported.

Many international companies have chosen to base their regional headquarters in Singapore, and observers believe that long-term volatility in rival Hong Kong could boost it in attracting firms.

Leaders in Singapore, who are majority ethnic Chinese, have been careful to maintain good relations with both the US and China.


Should the government explain why Chinese apps were banned? We discussed it Of class, Our weekly technology podcast, which you can subscribe through Apple Podcast, Google Podcast, or RSS, Download episode, Or simply hit the play button below.

.

Latest news

Ishaan Khattar “cried like a baby after seeing mother Neelima Azeem in this scene”

In indigo azeem Dolly Kitty and those shining stars. (With regards: ishaankhatter)Highlight'Dolly Kitty and Woh Chamke Sitar' released on Netflix ...

Pak government sent arrest warrant for Nawaz Sharif

A media report said that the Pakistan government, through its mission in London, sent an arrest warrant, which was sent for medical treatment...

3 vaccine candidates in advanced stage of clinical trials: Center

3 vaccine candidates in advanced stage of clinical trials: Centernew Delhi: Harsh Vardhan of the Ministry of Science and Technology said on Friday...

Related news

Ishaan Khattar “cried like a baby after seeing mother Neelima Azeem in this scene”

In indigo azeem Dolly Kitty and those shining stars. (With regards: ishaankhatter)Highlight'Dolly Kitty and Woh Chamke Sitar' released on Netflix ...

Pak government sent arrest warrant for Nawaz Sharif

A media report said that the Pakistan government, through its mission in London, sent an arrest warrant, which was sent for medical treatment...

3 vaccine candidates in advanced stage of clinical trials: Center

3 vaccine candidates in advanced stage of clinical trials: Centernew Delhi: Harsh Vardhan of the Ministry of Science and Technology said on Friday...

LEAVE A REPLY

Please enter your comment!
Please enter your name here