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SHENZHEN, China, April 28, 2020 /PRNewswire=KYODO JBN/ --

Tencent Cloud ranked fourth in the Asia/Pacific region and fifth globally with

growth in both markets exceeding 100%

Gartner, a global IT technology and advisory company, released its "Market

Share: IT Services, Worldwide 2019"[1] recently. Tencent Cloud ranked fifth

worldwide with growth of 111% and fourth in the Asia/Pacific market with growth

of 107.3%.

In 2019, the global Infrastructure as a Service market continued to expand

rapidly, with a year-on-year growth of 40.7%, while the overall size of the

market climbed to US$48.9 billion.

In the global market, Tencent Cloud ranked first among the top five vendors in

terms of growth, exceeding 100% in both the Asia/Pacific and global markets.

According to Tencent's latest financial report, Tencent Cloud reported revenue

of over US$2.4 billion (approx. 17 billion yuan) with a growth rate higher than

the market average, having acquired more than one million paid clients in 2019.

During the reporting period, the company expanded market share, continued to

grow the business across several verticals including Internet services,

tourism, livelihood services and manufacturing, in addition to helping

companies and organizations with digital upgrading by leveraging its advantages

in connecting consumers.

Tencent Cloud now has infrastructure in 26 geographic areas on five continents

and operates 53 availability zones. The company has an exabyte-level storage

capacity and deployed 1300 acceleration nodes globally.

Last year, Tencent Cloud achieved a milestone breakthrough in several core

indicators. In May 2019, Tencent becomes China's first and the world's fifth

company with more than 1 million servers and China's first company with peak

bandwidth reaching 100 trillion bytes.

[1] Source : Gartner, Market Share: IT Services, Worldwide 2019, Dean Blackmore

et al., 13 April 2020

Source: Tencent Cloud