June 08, 2023 10:38 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–The “Tencent: Tech Spending Profile” company profile has been added to ResearchAndMarkets.com’s offering.
For the 12 months ended September 2021, capex and R&D spend totaled $4.8B and $7.5, respectively, or $12.3B in total.
Tencent is China’s largest Internet company. It has built a huge network in China to support growth of its vast digital ecosystem of services, both those provided directly and by partners.
As Tencent Cloud has grown in recent years, Tencent has ramped up its spending on both network infrastructure and R&D projects aimed at deploying new services and developing more of its own network technology.
