Latest tencent publications

China cloud market records 67% jump in Q1 spending

New figures show spending on cloud infrastructure in China grew by 67 percent in Q1.

IT analyst firm Canalys posted the country’s latest cloud sums last week, after a quarter that has seen demand for cloud services soar around the world.

While Covid-19 has caused some large cloud projects to be put on hold, business demand for remote working and collaboration platforms have driven a record quarter for global cloud markets.

Baidu brings its cloud services to Singapore

Chinese search giant Baidu has launched its cloud services in Singapore, as the company attempts to catch up with Chinese rivals Alibaba and Tencent by offering cloud services in the city-state.

The company said the services will cater towards Chinese companies expanding to the region and local companies seeking “high-performing, secure and reliable cloud services”.

Toutiao could owe Tencent 12 pence and an apology

Chinese tech giant Tencent is suing rival Toutiao for 1 yuan, which is worth about 12 pence, over alleged defamation. Toutiao, also known as Bytedance, runs Tik Tok, a video app that has recently become wildly popular in China. The app has become the most downloaded iPhone app globally. It’s known as Douyin in Chinese…. Read More

Tencent Cloud launches first European hub in Frankfurt

Chinese cloud giant Tencent Cloud has announced its debut into the European market, opening a new regional hub at Interxion’s data centre campus in Frankfurt. According to a press release, Tencent selected the colocation facility as an ideal environment for its global customers looking to expand into Europe, as well as for European companies looking to… Read More

Tencent accused of price distortion with 0.01 yuan bid

Tencent has been accused of price distortion and unfair competition after it submitted a bid for just 0.01 yuan to provide cloud computing services to the city of Xiamen. The city government had budgeted 4.95 million yuan for the one-year contract. Tencent won the bid, beating out China Telecom, who offered a bid of 1.7… Read More