Another global expansion for the Chinese giants. This time, Tencent expands to UK. The collaboration will feature technology and culture.
The collaboration focuses on the UK’s creative industry. Games will be one of its key pillars with film, fashion, and television also being one.
Tencent is also bringing their racing game QQ Speed Mobile to the UK with full localization. Additionally, they are also partnering with the University of Oxford to create compelling eSport tournaments.
Secretary of State of International Trade Rt Hon Liam Fox MP is happy with the collaboration by stating:
“We are delighted to enter into collaboration with Tencent, drawing on each other’s strengths to accelerate the growth of the global digital creative industries, in which the UK is a world leader,As an international economic department, we are determined to help UK companies to forge new global trading ties that will boost trade, drive growth and provide jobs to every part of the country.”
Tencent EVP Seng Yee Lau also commented on the partnership between them and the UK by saying:
“As an international economic department, we are determined to help UK companies to forge new global trading ties that will boost trade, drive growth and provide jobs to every part of the country.”
To sum up, this partnership is very good for both parties. As we know Tencent is the number one company in terms of gaming revenue. The UK could really benefit from them. Although the country is known for its culture and technology industries, it seems like they want to achieve more.
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We also hope by this partnership, Tencent can incorporate more creative ideas for their gaming industries, learning from the UK. Nevertheless, it’s worth waiting for the development of these two would be in the future.
Edited by Devi