{"id":37131,"date":"2020-09-15T11:00:00","date_gmt":"2020-09-15T11:00:00","guid":{"rendered":"http:\/\/002b4df4-1c98-4548-a93f-c28dd1cdb6c8"},"modified":"2020-09-15T11:00:00","modified_gmt":"2020-09-15T11:00:00","slug":"tencent-expanding-singapore-footprint-to-drive-sea-expansion","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/tencent-expanding-singapore-footprint-to-drive-sea-expansion\/","title":{"rendered":"Tencent expanding Singapore footprint to drive SEA expansion"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/zdnet1.cbsistatic.com\/hub\/i\/r\/2020\/09\/15\/b1accb27-789d-4dbb-b295-3104cb15f847\/thumbnail\/770x578\/1b108899dfee12852233cf2279b1b114\/tencent-logo.png\" class=\"ff-og-image-inserted\"><\/div>\n<p>Tencent is looking to set up its Southeast Asian base in Singapore where it currently is looking to fill dozens of job positions. The move comes amidst China&#8217;s worsening relations with the US and India, which have led to Chinese apps being banned in both countries.&nbsp;<\/p>\n<p>In a statement sent to ZDNet and other media outlets, Tencent said it was &#8220;expanding its business presence&#8221; in Singapore to support the company&#8217;s expansion in Southeast Asia. It added that the new Singapore office would be a &#8220;strategic addition&#8221; to its current offices in Malaysia, Indonesia, and Thailand.&nbsp;<\/p>\n<p>Tencent added that the new outfit would allow the company to tap the rapid pace of digitisation and meet demand for internet-based services in Singapore. It did not provide any investment figures.<\/p>\n<p>A quick check on LinkedIn showed dozens of job openings in the city-state from the Chinese tech giant, including roles in business development, data science, <a href=\"https:\/\/www.zdnet.com\/article\/singapores-adbc-and-tencent-to-jointly-develop-cloud-based-banking-solutions\/\" target=\"_blank\" rel=\"noopener noreferrer\">cloud<\/a>, <a href=\"https:\/\/www.zdnet.com\/article\/wechat-pay-follows-alipay-in-allowing-foreign-visitors-to-make-payments-in-china\/\" target=\"_blank\" rel=\"noopener noreferrer\">WeChat<\/a> product operations, and security.&nbsp;<\/p>\n<p>Its expansion plans in Singapore comes amidst China&#8217;s increasingly tensed relationships with the US, where Donald Trump last month issued executive orders <a href=\"https:\/\/www.zdnet.com\/article\/donald-trump-signs-executive-orders-banning-tiktok-and-wechat\/\" target=\"_blank\" rel=\"noopener noreferrer\">banning Chinese apps<\/a>, specifically, <a href=\"https:\/\/www.zdnet.com\/article\/tiktok-to-sue-us-government-over-ban\/\" target=\"_blank\" rel=\"noopener noreferrer\">TikTok<\/a> and WeChat, in his country. The Indian government followed suit early this month, <a href=\"https:\/\/www.zdnet.com\/article\/india-blocks-118-apps-including-baidu-alipay-pubg-wechat-work\/\" target=\"_blank\" rel=\"noopener noreferrer\">restricting 118 apps<\/a> it alleged were &#8220;stealing and surreptitiously transmitting&#8221; of user data to servers outside of India. Amongst these were apps from Baidu, WeChat, AliPay, and Sina News.<\/p>\n<p>Tencent in March had launched an international version of its cloud-based video conferencing tool, called Tencent Meeting or&nbsp;<a href=\"https:\/\/www.zdnet.com\/article\/tencent-releases-video-conferencing-tool-for-international-markets\/\" target=\"_blank\" rel=\"noopener noreferrer\">VooV Meeting<\/a>&nbsp;on app stores, in more than 100 markets, including Singapore, India, Japan, Thailand, and Malaysia.&nbsp;<\/p>\n<p>Often dubbed as Asia&#8217;s Switzerland for its staunch neutrality, Singapore had said it would not take sides in global disputes and <a href=\"https:\/\/www.zdnet.com\/article\/singapore-to-feel-impact-of-china-us-trade-dispute-if-prolonged\/\" target=\"_blank\" rel=\"noopener noreferrer\">viewed both China and the US<\/a> as &#8220;good friends&#8221;. Singapore&#8217;s Prime Minister Lee Hsien Loong had noted that US was a major defence security partner, which purchased advanced military equipment from Singapore, including missiles and military aircraft, while Singapore also had economic partnerships with China that included three major city projects between both governments in Suzhou, Tianjin, and Chongqing.<\/p>\n<section class=\"sharethrough-top\" data-component=\"medusaContentRecommendation\" data-medusa-content-recommendation-options=\"{&quot;promo&quot;:&quot;promo_zd_recommendation_sharethrough_top_in_article_desktop&quot;,&quot;spot&quot;:&quot;dfp-in-article&quot;}\"> <\/section>\n<p>Tiktok&#8217;s parent company ByteDance reportedly was looking to set up its Asian hub in Singapore, where it planned to invest several billion dollars. Citing sources familiar with the issue, a&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-11\/tiktok-owner-plans-to-spend-billions-in-singapore-after-u-s-ban\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-component=\"externalLink\">Bloomberg report<\/a>&nbsp;said the Chinese company would hire hundreds over the next three years and had applied for a <a href=\"https:\/\/www.zdnet.com\/article\/singapore-cuts-seven-applicants-in-digital-bank-licensing-bid\/\" target=\"_blank\" rel=\"noopener noreferrer\">digital bank license in Singapore<\/a>.&nbsp;<\/p>\n<h3>RELATED COVERAGE<\/h3>\n<p> READ MORE <a href=\"https:\/\/www.zdnet.com\/article\/tencent-expanding-singapore-footprint-to-drive-sea-expansion\/#ftag=RSSbaffb68\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Move to set up its Southeast Asian hub in Singapore comes amidst China&#8217;s worsening relations with the US and India, which have led to Chinese apps being banned in both countries.<br \/>\nREAD MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37132,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[62],"tags":[],"class_list":["post-37131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zdnet-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tencent expanding Singapore footprint to drive SEA expansion 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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