Thursday, September 17, 2015

Tencent to pump US$1.57B into international cloud computing effort

The investment follows similar expansion efforts by other Chinese Internet giants – Alibaba and Baidu – as they prepare to take on world leaders Microsoft and Amazon in cloud computing Tencent has revealed it will invest RMB10 billion (US$1.57 billion) over the next five years to boost a multi-national cloud computing operation across the US,...
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