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Tencent Launches Its First Overseas Video Streaming Service, in Thailand



Tencent Holdings launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China.  
Chinese tech giant Tencent Holdings launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China
Tencent is diversifying from its core Chinese gaming business, which has been beset by regulatory problems, pushing revenue growth to its slowest-ever in the first quarter
Tencents existing Thai user base made the country a good first target for its push into Southeast Asia, said Jeff Han, Senior Vice President of Tencent Penguin Pictures, which produces original content for the streaming business
In Thailand, Tencent Video will be called WeTV and feature original Chinese content from Tencent Penguin Pictures with Thai dubbing, and content created with local partners, Han said
WeTV adds to Tencents music streaming service JOOX and the mobile version of PUBG games in Thailand
Tencent Video in China claims over 89 million subscribers and more than 200 million daily active users
 




     Timez Doctor
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