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Tang Daosheng: TENCENT Uses WeChat Ecosystem to Challenge Cloud Dominance of Amazon/ Microsoft
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More and more customers are showing interest in building their own super-app, which is one of the services that Tencent Cloud can provide by sharing its technical and operational experience gained in building the WeChat ecosystem, allowing TENCENT (00700.HK) to be able to leverage the WeChat super-app ecosystem to stand out from the global cloud service providers, Tang Daosheng, CEO of Tencent's Cloud and Smart Industries Group (CSIG), said.

Microsoft Corporation (MSFT.US)'s Azure, Amazon.com (AMZN.US)'s AWS and Google Cloud Platform are the three largest cloud service providers as of 2Q24, accounting for 68% of the overall market share, according to data from Synergy Research Group.

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