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Tencent To Open Third Data Center In Japan On Gaming Demand

Against that backdrop, Tencent has barely created investments in China this year versus 27 offers worth $3 billion offshore, Refinitiv information show. It has been reducing its portfolio partly to placate regulators and also to book some hefty earnings, sources have told Reuters. Tencent’s increasing concentrate on overseas assets and markets is in sharp contrast to its a lot slower dealmaking pace at property due to the fact the regulatory clampdowns intensified, and the divestment of a clutch of domestic portfolio providers. Tencent’s new tactic indicates how China’s tech titans are hunting to emerge from the regulatory shadows just after...