Tencent JV to tap Indonesia's demand
Source: Xinhua |
March 1, 2013, Friday
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Print Edition
Print Edition
TENCENT, a China-based leading provider for comprehensive Internet service, announced in Jakarta yesterday it has set up a joint venture with Indonesia's largest media company PT Global Mediacom in a bid to further explore the country's vast Internet service potential.
The joint venture, engaging in Internet and mobile Internet service, has just launched a WeChat TV commercial to penetrate into the Indonesian market. Wechat is a popular mobile chatting app created by Tencent which has been available in Indonesia since 2012.
Tencent President Martin Lau said Indonesia is a fast-growing country with a big number of online media users and the firm is keen on its huge market.
"Tencent's cooperation with Global Mediacom is to establish a more expansive user base in Indonesia," Lau said.
Hary Tanoesoedibjo, CEO of MNC Group, Global Mediacom's parent, said the combination of Tencent's unique technology and expertise with Global Mediacom will fully explore the vast potential growth of Indonesia Internet-based services.
The joint venture, engaging in Internet and mobile Internet service, has just launched a WeChat TV commercial to penetrate into the Indonesian market. Wechat is a popular mobile chatting app created by Tencent which has been available in Indonesia since 2012.
Tencent President Martin Lau said Indonesia is a fast-growing country with a big number of online media users and the firm is keen on its huge market.
"Tencent's cooperation with Global Mediacom is to establish a more expansive user base in Indonesia," Lau said.
Hary Tanoesoedibjo, CEO of MNC Group, Global Mediacom's parent, said the combination of Tencent's unique technology and expertise with Global Mediacom will fully explore the vast potential growth of Indonesia Internet-based services.
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