Tencent Cloud in Japan, the objectives of the five-way international revenue growth

FILE PHOTO: A Tencent sign is seen during the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, China-August 3, 2018. (REUTERS photo/Aly Song, File/Photo

HONG KONG (Reuters) – Tencent Holdings, which on Friday said it has entered the cloud service market in Japan and the company has turned to five-fold growth in international revenues from the cloud business this year.

Tencent Cloud, it’s the second largest cloud service provider in China, behind Alibaba Cloud computing, said during a launch event in Tokyo, and that it would be able to focus on the maintenance of the gaming companies and it would be a partner of Japanese companies, including Pitaya, and E-business.

Japan is an important market for Tencent, Cloud and internationalization strategy, and Tencent’s expertise in the field of the world’s largest gaming company to assist in the delivery of cloud-based service for gaming companies, he said Da Da Da Da Da Zhiqian, vice-president of Tencent Cloud.

The Chinese social-media-and-gaming company, is undergoing a process of restructuring in an effort to expand into enterprise services. In the emergent cloud business are contributed to 9.1 billion yuan ($1.32 billion) or 3 percent of Tencent’s total revenue in 2018, according to its annual report.

Reporting by Sijia Jiang, the processing of the Sherry Jacob-Phillips

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