Tencent teams with Thai start-up Ookbee to launch content platform

Tencent’s further expansion in Thailand comes as more Chinese internet companies look towards Southeast Asia for new engines of growth

Tencent is looking to Southeast Asian markets for new growth opportunities. Photo: AP)

Chinese internet giant Tencent has teamed up with Thai start-up Ookbee to launch a digital content platform as the Shenzhen-based company buckles down on expanding its presence in Southeast Asia.

Both Tencent and Ookbee have entered a joint venture that will spawn the launch of Ookbee U, a user-generated digital content platform. Tencent’s investment amounts to US$19 million, according to tech news site Techcrunch, which cited an unnamed source.

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