By tapping Tencent’s experience in connecting businesses to appropriate resources to address technical requirements mandated by local regulations, and combining that with the company’s expertise in reaching all corners of the consumer market, companies have a greater opportunity to succeed in China.

“Our C2B2C strategy, for example, is unique,” Yeung says. “On the consumer side, we have major social platforms – WeChat, Weixin and QQ – which reach billions of users, as well as offering long-term user insights and operational experience.”

“With consumers as a starting point, Tencent Cloud has created advanced C2B products and solutions for industries – applying its two decades of experience in consumer Internet, messaging, audio, video and gaming technologies. Tencent Cloud is also integrating the latest innovations for artificial intelligence, big data, cloud computing and security to help businesses reduce costs, increase efficiency and identify new business models and opportunities.

“The significance of Tencent Cloud doing C2B is that it is not limited to IaaS or PaaS, but leveraging solutions in order to address customer needs. Tencent Cloud feeds that C-side experience and expertise to partners, and provides connectors such as Weixin’s official accounts, Mini Programs, digital payments, and WeCom, so that enterprises can better serve users, improve the efficiency of supply-and-demand-matching, and close the C2B2C loop. Our C2B strategy will continue to create value in the full-cycle development of the industrial Internet.

“Instead of providing cookie-cutter solutions, we are committed to delivering a bespoke portfolio of services optimized for the specific needs and requirements of our customers. This approach means that Tencent Cloud offers customers the option for segregated and localized data storage.”

This, in turn, will drive future momentum and scope in Tencent Cloud’s operations. Digital financial services continue to be an area of strong growth, along with e-commerce, the digitization of public services and industries, videolization, and the increasing collaboration between enterprises and their users through communication and productivity tools.

Growing Global Reach

Tencent’s reach is now indisputably global, and it is expanding rapidly. Tencent Cloud has deployed more than 300 cloud solutions and products globally. The company recently strengthened its worldwide footprint with the launch of Internet Data Centres (IDC), the latest addition to a growing infrastructure network that spans 27 regions and 68 availability zones.

In addition, Tencent Cloud has a content delivery network with more than 2,800 global acceleration nodes across more than 70 countries and regions, with a combined bandwidth of over 200 tbps.