China’s gaming company Tencent opens a Southeast Asia regional hub in Singapore
On Tuesday, Tencent Holdings Ltd. (0700.HK) announced that it would open a new office in Singapore.
The Chinese multinational conglomerate company said that it would serve as its regional hub in Southeast Asia.
Tencent added its Singaporean base to its offices including Malaysia, Indonesia, and Thailand after some of its apps were banned in India and the United States.
The Chinese gaming and social media group said that it would also open jobs for home-based workers due to the growing demand for remote IT services amid the coronavirus pandemic.
“The Singapore office will also enable us to capture potential from the rapid pace of digitization and meet the demand for internet-based services and solutions in Singapore,” Tencent Holdings said in a statement.