Tencent Tech Spending Profile 2022
For the 12 months ended September 2021, capex and R&D spend totaled $4.8B and $7.5, respectively, or $12.3B in total.
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.
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.
Last year, the company made a commitment to spend $70 billion over 5 years on cloud and related infrastructure and technology, stretching across capex and R&D spend, and it is well on its way.
Increasingly Tencent aims at the global market, in particular in the gaming and cloud arenas.
The company has been successful in monetizing services which are provided for free (i.e. subsidized by ads) by a number of other tech providers, including Facebook (Meta) and Google (Alphabet). Tencent is one of a few top global players in the gaming market, and becoming a major media player with Tencent Pictures and Tencent Music.
Tencent is investing in a number of important adjacent markets with growth potential, including connected cars and robotics. In the cloud, it is well behind China's top player Alibaba, and further behind the global top three (AWS, Azure, and GCP), but Tencent has deep pockets, technology chops, and global ambitions.
Its profile will rise considerably in the next few years. One of many reasons is its positioning to go after "metaverse" opportunities, which blend well with its technical strengths and customer base in both gaming and video.
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whqqq : It seems that its investment in science and technology is very successful. I believe it will also have good results in the field of metauniverse.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
accountant9988 : 習近平will fuck up everything