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WeChat and PUBG Mobile Blocked, Tencent Moves Office to Singapore

By Zerina Post a Comment

Application WeChat and games PUBG Mobile affected by the geopolitical tensions of the country. WeChat will soon be blocked from the United States. Temporary PUBG Mobile It’s even banned in India. So to overcome this, Tencent is ready to move their office to Singapore.

According to reports Bloomberg, the Chinese technology giant has long set up a regional headquarters. Selected Singapore. Tencent also revealed this through a press release some time ago. Well, that plan is now being accelerated.

Singapore is attracting attention as a regional base for Western and Chinese companies because of its advanced financial and legal system. In Singapore, Tencent is not just building a new office. According to sources Bloomberg, Tencent is also considering the transfer of some of its business operations. Including publishing games international ones to be expelled from China.

The steps taken by Tencent Holding Ltd follow several other Chinese companies, such as Alibaba Group Holding Ltd and ByteDance Ltd (the owner of the application). TikTok). The move was prepared because of the mounting tension between China and the United States and India.

As is known, ByteDance has issued a statement that it will pour billions of US dollars plus add hundreds of workers in Singapore. This will be done over the next three years. ByteDance is also applying for a digital banking license from Singapore’s central bank, along with Ant Group (Alibaba) and Sea Ltd (Tencent).

Alibaba does not want to lose. They have spent 4 billion US dollars to acquire e-commerce platform Singapore-based Lazada. They did this to target 300 million users from Southeast Asia by 2030.

According to reports Bloomberg, China’s largest company is also currently in talks to invest $3 billion into Singapore-based transportation app giant Grab Holdings Inc.

Many Chinese tech giants have chosen to turn to Southeast Asia in response to tensions between the China-USA and several other countries. Southeast Asia with a population of 650 million users smartphone considered suitable as the “main battleground”.

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