HONG KONG — Chinese internet conglomerate Tencent Holdings is raising the stakes in the race against global companies for the burgeoning cloud services market in Asia, with a plan to open two data centers in Indonesia by the end of this year.
The Shenzhen-based company said it would build most of its planned data centers in Asia, including South Korea and Thailand, as well as the Middle East, Poshu Yeung, Tencent Cloud International’s senior vice president told Nikkei Asia in an interview.
Tencent operates 20 data centers outside China, with the first batch launched in Europe and the U.S. But amid growing political tensions between China and Western countries, Yeung said the company plans to add 30% to 50% more data centers by the end of this year mostly in the Asian region.
During the coronavirus pandemic, Asia has experienced fast growth in video conferencing, e-commerce, online…
