Bullet Points
• Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets
• Tencent will focus on offering “metaverse-in-a-box” services to its customers through its cloud division
• This move aims to facilitate the task of developing virtual worlds for Tencent customers in gaming, media, entertainment, and retail
Tencent, one of China’s leading software and technology companies, has recently revealed its plans to offer a “metaverse-in-a-box” suite of services. This offering is designed to target the Asian markets and provide assistance to customers in the development of virtual worlds.
The announcement comes as part of the company’s plan to revamp its media services in order to facilitate the task of building virtual worlds for third-party companies. Through its cloud division, Tencent will offer tools for customers in the gaming, media, entertainment, and retail industries to build and design metaverse spaces. With this move, the company aims to bring a more immersive experience and nurture a better Web3 ecosystem.
Poshu Yeung, Tencent Cloud International’s senior vice president, expressed his enthusiasm for the project and stated that the company is ready to leverage its technical experience in the fields of games, audio, and video to provide technical support for Web3. Additionally, the focus on providing “metaverse-in-a-box” services for customers marks a pivot from the company’s previous plans to pursue a metaverse hardware business.
Tencent has revealed that it will primarily focus on providing its services to customers in Singapore, Malaysia, Indonesia, and Thailand. These countries are projected to experience significant growth in the field, making them the ideal markets for the company’s new metaverse suite.
The announcement of Tencent’s new services marks a major milestone in the company’s efforts to bring the metaverse to Asian markets. With the launch of its “metaverse-in-a-box” tools, Tencent is set to revolutionize the way virtual worlds are developed, and take the industry to the next level.