Tencent Holdings has opened a data center in Silicon Valley on Tuesday, with four more planned outside China as part of its bid to grow its cloud business outside the country.
The proposed data centers in Frankfurt, Mumbai, Seoul and Moscow are targeted at Chinese companies looking to expand overseas and international companies expanding their businesses in China or other parts of the world, the Chinese internet giant said Tuesday. The centers are expected to go into operation this year.
Rival Alibaba has also set up data centers outside China to expand its cloud business outside the country.
The new investment aims to meet growing demand worldwide for the company’s cloud services from online games and finance, video and other internet-related industries.
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Source: News Feed