Tencent plans to double number of offshore data centers this year

Tencent Holdings Ltd announced on Wednesday plans to more than double the number of its offshore data centers this year, its latest push to grow its cloud business and serve both international companies as well as Chinese groups wanting to expand overseas.

With the new Silicon Valley data center inaugurated on Tuesday, the internet giant said another four are in the pipeline in Frankfurt, Mumbai, Seoul and Moscow, all of which are located in regional business or technological hubs.

The company said that the new investments will bring the count of such offshore centers to eight, adding to existing facilities in Hong Kong, Singapore and Toronto.