Chinese internet giant Tencent Holdings is expected to heat up the market for so-called cloud computing services in Hong Kong, following the launch of its own operation that targets the city’s large community of small and medium-sized enterprises.
Tencent Cloud, the fast-growing cloud services unit of Shenzhen-based Tencent, kicked off its expansion in Hong Kong last week by collaborating with the Hong Kong Science and Technology Parks Corporation to provide vital online infrastructure requirements for the start-ups under its incubation programmes.