Ge Long Hui·2025-12-17 20:14Core Insights - Tencent is focusing on expanding its overseas cloud and gaming businesses, leveraging its technological advantages and local service capabilities to capture growth opportunities in international markets [1][4][6]. Overseas Cloud Business - Tencent Cloud adopts an "infrastructure-first" strategy, accelerating data center deployment globally, currently covering 22 regions [1]. - The company plans significant investments in overseas infrastructure, including $150 million in the Middle East and $500 million in Indonesia for new data centers [1]. - Tencent Cloud's competitive edge lies in its leading technology and localized services, successfully migrating key clients like GoTo in Indonesia and Charoen Pokphand Group in Thailand [4][6]. Overseas Gaming Business - Tencent's overseas gaming revenue is projected to reach 75.7 billion yuan in 2025, with a year-on-year growth of 31%, driven by its industrialization capabilities and strategic acquisitions [2][6]. - The company is increasingly collaborating with game development teams, enhancing its Game as a Service (GaaS) model to replicate successful domestic strategies in international markets [2][7]. AI Empowerment in Gaming - AI tools are being extensively utilized in game development, with 95% of employees at Tencent's Photon Studio using AI to enhance production efficiency and user experience [3][8]. - The company is advancing AI capabilities beyond traditional models, achieving real-time scene generation and improving player retention through AI-driven features [3][9]. Future Outlook - Tencent is positioned to benefit from the growing demand for cloud services among Chinese enterprises going global and the local SaaS market, particularly in Southeast Asia [5][6]. - The company aims to enhance its GaaS operations and IP value through cross-media development and AI integration, ensuring long-term brand sustainability [7][8].