Tencent targets video conferencing

The Chinese internet giant Tencent has launched an app for video conferencing in China, after the popular US Zoom service was blocked by the Chinese government.

Tencent is already huge in social media, gaming, and venture capital, and the launch of its video conferencing service is seen as part of a move away from reliance on B2C markets and a push into B2B enterprise markets.

Market vacuum

The changes comes as the trade war between the US and China continues to simmer, with Zoom apparently blocked during September, in retaliation for US sanctions. The result left a vacuum in the local market that Chinese companies are now rushing to fill.

While Tencent already offered WeChat Work for video messaging, the new Tencent Meeting app apps to cater specifically for enterprise customers. A free version allows up to 25 participants to meet for up to 45 minutes, with the professional version allowing for up to 100 participants.

The app also integrates with existing Tencent apps such as WeChat Work and the massive QQ social media platform.

The move comes while the Chinese video-conferencing market remains underdeveloped but growing, with other companies such as Alibaba also competing for market position.

However, Tencent’s move isn’t just a one-off, but part of a multi-billion dollar re-orientation to serve China with business-specific services, such as cloud computing.

Via TechNode.

http://www.techradar.com/news/tencent-targets-video-conferencing

Source: TechRadar - All the latest technology news

By: Brian Turner

7-month-old Simsim secures $16M for its social commerce in India
7-month-old Simsim secures $16M for its social com ...
Kami’s wireless outdoor camera keeps it simple
Kamis wireless outdoor camera keeps it simple ...
Most tech companies aren’t WeWork
Most tech companies arent WeWork ...
Meet the European startups that pitched at EF’s 13th (and first virtual) Demo Day
Meet the European startups that pitched at EFs ...
Reuters: Apple cut backup end-to-end encryption plans after FBI complained
Reuters: Apple cut backup end-to-end encryption pl ...
Best practices for remaining productive when enacting ‘social distancing’ practices in the workplace
Best practices for remaining productive when enact ...