Tencent picks Singapore as Asia hub


Job openings: Tencent has been considering the shift of some business operations – including international game publishing – out of its home country, according to the sources. — AFP

SINGAPORE: Tencent Holdings Ltd has picked Singapore as its beachhead for Asia, joining rivals Alibaba Group Holding Ltd and ByteDance Ltd in the race to build up their presence closer to home after setbacks in the United States and India.

Management at China’s largest social media and gaming company had been discussing Singapore as a potential regional hub and geopolitical tensions accelerated its plans, according to sources.

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Tencent , Singapore , Asia hub , Alibaba ,

   

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