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Gaming giant Tencent joins Chinese tech firms investing in Singapore

Tencent will develop a full-scale comprehensive hub in Singapore that will house its international game publishing business

Tencent, Chinese firm Tencent
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Singapore has also gained fresh appeal as a base for Chinese corporate operations

Reuters
Gaming giant Tencent said on Tuesday it would develop a regional hub for Southeast Asia in Singapore, opening a new office and becoming the latest Chinese tech firm to invest in the city-state. 

The new hub comes on the heels of a planned expansion by TikTok owner ByteDance and investment by Alibaba Group Holding Ltd as firms look to deepen their exposure to fast-growing Southeast Asia - home to about 650 million people. 

Singapore has also gained fresh appeal as a base for Chinese corporate operations, benefiting from the political tensions that have rocked rival hub Hong Kong and growing distrust of
Topics : tencent