Connect with us

Internet

Tencent Launches Its First Overseas Video Streaming Service, in Thailand

Published

on

Chinese tech giant Tencent Holdings launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China.

Tencent is diversifying from its core Chinese gaming business, which has been beset by regulatory problems, pushing revenue growth to its slowest-ever in the first quarter.

Tencent’s existing Thai user base made the country a good first target for its push into Southeast Asia, said Jeff Han, Senior Vice President of Tencent Penguin Pictures, which produces original content for the streaming business.

“This is the market we need to first enter to try to see whether an overseas launch could be a success for us, so we can continue the challenge,” Han told reporters in a group interview in Bangkok.

“We have our priority markets… the Chinese-speaking markets, which will be more receptive to our offerings,” he said.

In Thailand, Tencent Video will be called WeTV and feature original Chinese content from Tencent Penguin Pictures with Thai dubbing, and content created with local partners, Han said.

He declined to comment how much the company was investing overseas.

WeTV adds to Tencent’s music streaming service JOOX and the mobile version of PUBG games in Thailand.

Tencent’s video streaming subscriptions increased 43 percent in the first quarter of 2019 on an annual basis, contributing to a growth in digital content revenue, according to its latest results.

Tencent Video in China claims over 89 million subscribers and more than 200 million daily active users.

© Thomson Reuters 2019

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Internet

Revolutionary iMac redesign plus Mac Pro mini & new Apple display details leak

Published

on

Apple’s Mac reinvention looks set to crank into high-gear in 2021, with new reports suggesting a huge change to the iMac is imminent along with Mac Pro and display news. The Cupertino company promised in mid-2020 that, over the course of two years, it would completely transition its Mac computer line-up to use its own Apple Silicon chipsets, shifting away … Continue reading

Continue Reading

Internet

Simple $40 wiretap planted in iPhone of Russian activist

Published

on

An interesting little device was discovered planted in the iPhone of Russian anti-corruption activist Lyubov Sobol’s campaign manager over the new year. On December 21, 2020, Sobol’s campaign manager Olga Klyuchnikova was taken into custody by the Russian FSB. She spent a week in jail on “administrative charges” and was released – but something was amiss. In a video released … Continue reading

Continue Reading

Internet

Samsung Galaxy Buds Pro Review – ANC in the big leagues

Published

on

Active noise cancelling earbuds were arguably the stand-out product of 2020, and Samsung is starting out the new year with its latest offering, the Galaxy Buds Pro. Launching alongside the Galaxy S21 family of smartphones, the new earbuds promise not only audio isolation from the hubbub of homeschooling and working from home, but the option to intelligently blend the real … Continue reading

Continue Reading

Trending