logo
Tencent Cloud Commits to Support European Companies' Global Competitiveness and Realise AI Ambitions

Tencent Cloud Commits to Support European Companies' Global Competitiveness and Realise AI Ambitions

Korea Herald5 days ago

PARIS, June 16, 2025 /PRNewswire/ -- At Viva Technology 2025, Europe's largest technology event, Tencent Cloud highlighted the accelerating shift among enterprises toward connected platforms and multi-cloud strategies, key enablers for unlocking the full potential of AI and driving sustainable innovation and global competitiveness.
Speaking on the panel "AI Beyond Scale: Building competitive and sustainable ecosystems", Dowson Tong, Senior Executive Vice President of Tencent and CEO of its Cloud & Smart Industries Group emphasized that the future of AI is advancing beyond scale, driving deeper integration into industries and everyday life, transforming how businesses operate and enhancing user experiences.
"The next phase of AI promises more than just operational efficiency," Tong said. "To unlock its full potential and remain globally competitive, European enterprises must adopt an ecosystem-driven approach. By drawing on deep ecosystem expertise, businesses can accelerate time-to-value, deploying and building AI components from customer service agents and knowledge engines to industry-specific AI solutions. A modular, multi-cloud strategy further supports this by enabling scalable innovation while ensuring operational efficiency, all built on secure, scalable digital infrastructure."
With AI reshaping business models, European organizations need resilient, flexible, and diverse cloud infrastructure. According to Gartner, 90% of organizations will adopt a hybrid cloud approach by 2027. Tencent Cloud supports this shift with future–ready AI and cloud solutions for Europe, along with seamless links to high–growth regions, helping businesses turn AI potential into real–world impact and sustain a competitive edge.
In conjunction with the event, Orange is rolling out a soft launch of the upgraded Max It super app, pacing its way to delivering a next-level, simplified lifestyle experience available for its 160m mobile customers across the Middle East and Africa (MEA).
Starting June 2025, the new upgrade will empower users to shop, explore new services and offers from their favourite brands, make utility payments, and book movies and event tickets all through a unified mini-app platform on a single mobile interface. Orange super app integrates Tencent Mini app solution (TCMPP), and is enhanced by Tencent Cloud real-time chat solution, the app also offers a new holistic experience enabling users to chat, transfer funds, and engage within the app, unlike any other telco or e-commerce app currently in the market.
The latest upgrade now features over 20 new mini apps across utilities, e-commerce, and retail. This ecosystem will grow rapidly, as the platform opens up to more than 100,000 partners to develop and onboard mini apps ahead of its official full launch in the near future.
Achieving real-world impact with AI
Beyond boosting global competitiveness for enterprises, Tencent's AI-powered advancements in healthcare are putting effective new tools in the hands of healthcare and medical experts, while also empowering patients to take greater control of their health.
Speaking at "The Intelligent Ally: How Is AI Reshaping Medical Practice?" panel session, Dr. Alex Ng, President of Tencent Healthcare, shared, "Tencent is helping transform the global healthcare landscape by bridging the gap between international pharmaceutical companies and local healthcare systems through advanced digital platforms."
From a Hunyuan-powered medical consultation service being deployed at 10,000 medical institutions in China, to AI-powered medical imaging with over 10 million scans analyzed, Tencent Healthcare's AI-powered solutions are holistic in addressing early detection, operational efficiency, and patient trust.
Tencent Cloud also successfully supported French multinational pharmaceutical giant Sanofi expand their operations in China by building a centralized data lake and unified digital platform, streamlining operations across business units, empowering the organizations to expand and scale in the Chinese market.
Advancing European Enterprise Growth at Global Scale
From building immersive gaming environments with Cathedral Studios, to advancing smart driving with Bosch and transforming in-car entertainment with Mercedes-Benz and Electronic Arts, Tencent Cloud's expertise in gaming, digital content, payments, cloud and platform technologies continues to support the aspirations of Europe's leading brands.
Leveraging a track record of collaborating with over 11,000 global and local partners, offering more than 400 solutions across 30 industries, used by more than 10,000 enterprises in 200 markets and regions worldwide, Tencent continues to grow this network to help businesses innovate responsibly and sustainably in the AI era.
About Tencent Cloud
Tencent Cloud, one of the world's leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel and transportation.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump repeats NATO members should spend 5% of GDP on defense
Trump repeats NATO members should spend 5% of GDP on defense

Korea Herald

time8 hours ago

  • Korea Herald

Trump repeats NATO members should spend 5% of GDP on defense

US President Donald Trump reiterated Friday that North Atlantic Treaty Organization member states should spend 5 percent of gross domestic product on defense, while saying the United States should not. Trump made the remarks during a press availability as he is preparing to attend a NATO summit in The Hague, the Netherlands, next week, where the defense spending target is expected to figure prominently. "I don't think we should, but I think they should," he said, responding to a question about the defense spending target that he proposed. "We've been supporting NATO so long. In many cases, I believe ... almost paying 100 percent of the cost. So I don't think we should, but I think that the NATO countries should absolutely," he added. The US spent about 3.4 percent of its GDP on defense last year. Asked about Spain's stance against the target, Trump said that NATO will have to deal with the country. "Spain has been a very low payer," he said. "They were either good negotiators or they weren't doing the right thing. I mean I think Spain has to pay what everybody else has to pay. Spain has been notorious for low pay." Spain has reportedly rejected the defense spending proposal, calling for a more "flexible" approach. On Thursday, the Pentagon said that European allies are setting the "global standard" for Asian allies, which is spending 5 percent of GDP on defense. South Korea's defense budget this year stands at around 61.2 trillion won ($44.6 billion), which is about 2.32 percent of its GDP, according to Seoul's defense ministry. (Yonhap)

Tencent Cloud Empowers Ryde to Elevate In-App Communication in Southeast Asia
Tencent Cloud Empowers Ryde to Elevate In-App Communication in Southeast Asia

Korea Herald

timea day ago

  • Korea Herald

Tencent Cloud Empowers Ryde to Elevate In-App Communication in Southeast Asia

HONG KONG, June 20, 2025 /PRNewswire/ -- Tencent Cloud, the cloud business of global leading technology company Tencent, today announced a strategic partnership with Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the "Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, to elevate in-app communication for ride-hailing services in Southeast Asia. By integrating Tencent Real-Time Communication (TRTC) technology powered by Tencent Cloud, along with WeChat Mini Program, Ryde is enhancing driver and rider interactions with ultra-low latency, secure, and seamless communication directly within its platform. As Ryde expanded its user base and platform capabilities, the limitations of traditional telecom-based communication systems have become evident. Reliance on third-party number masking added unnecessary complexity, increased operational costs, and failed to meet the expectations of a mobile-first, digitally savvy audience. To maintain its competitive edge, Ryde sought a cutting-edge, cloud-native solution to ensure secure, real-time communication, protect user privacy, and optimize operational efficiency. With its proven global leadership in real-time communication infrastructure, powering platforms like Weixin/WeChat, QQ, and PUBG, Tencent Cloud's ultra-low latency solution, carrier-grade stability, and seamless integration capabilities aligned perfectly with Ryde's vision of building a future-ready mobility platform. Enhancing Mobility with Tencent Cloud's Real-Time Technology As one of the powerful solutions under Communications Platform as a Service (CPaaS), TRTC is renowned for its carrier-grade stability, ultra-low latency architecture, and seamless integration into mobile-first environments. By leveraging this solution, Ryde can replace traditional telecom methods with a scalable, secure, and cost-effective in-app solution, ensuring seamless voice interactions between riders and driver-partners. Beyond core infrastructure, Ryde also benefited from Tencent Cloud's comprehensive offerings, including scalable support for user demand, robust security compliant with international standards, improved performance with minimized latency, and access to AI and analytics for smarter pricing and customer engagement. Driving Long-Term Digital Mobility Transformation in Southeast Asia The partnership between Ryde and Tencent Cloud marks a strategic alliance between two growth-oriented platforms committed to advancing high-impact digital infrastructure across Southeast Asia. This collaboration is grounded in a shared vision to unlock value in rapidly evolving sectors such as urban mobility, platform-as-a-service, and AI-powered digital solutions. For Tencent Cloud, this partnership aligns with its regional expansion goals and strengthens its role in enabling super-app ecosystems. By offering scalable, secure infrastructure and advanced solutions like TRTC, Tencent Cloud is deepening its presence in the fast-growing mobility sector, with Ryde as a key partner. For Ryde, the collaboration accelerates its product development, enhances platform reliability, and drives operational efficiency—crucial factors as it expands into new areas including ride-hailing, deliveries, payments, and sustainable mobility. Tencent Cloud's robust ecosystem empowers Ryde to deliver exceptional user experiences while maintaining cost efficiency and technical agility. Kenneth Siow, Regional Director for Southeast Asia and General Manager for Singapore & Malaysia at Tencent Cloud International, said, "We are thrilled to partner with Ryde in transforming the ride-hailing communication experience across Southeast Asia. By integrating our Real-Time Communication (TRTC) technology, we enable seamless, secure, and ultra-low latency interactions within the Ryde platform. This collaboration underscores Tencent Cloud's commitment to empowering innovative companies with cutting-edge cloud solutions that enhance user experiences and drive operational efficiency. Together, we are establishing a long-term strategic foundation to capture emerging revenue opportunities, optimize margins through advanced infrastructure, and future-proof our platforms in Southeast Asia's rapidly evolving digital economy." Nitin Dolli, CTO at Ryde Group, said, "Our partnership with Tencent Cloud is more than a technological upgrade—it is a transformative step that accelerates Ryde's evolution beyond ride-hailing into a comprehensive regional super-app. Leveraging Tencent Cloud's robust TRTC technology, we have further enhanced the communication experience for both riders and driver-partners, while upholding the highest standards of privacy, security, and scalability. We believe this collaboration strengthens our competitive edge and reaffirms our commitment to delivering smarter, more seamless solutions for our users." In addition to TRTC implementation, Tencent Cloud and Ryde are jointly exploring new opportunities with WeChat Mini Program in areas such as AI-driven fleet optimization, intelligent dispatch systems, and green mobility analytics—initiatives designed to boost operational performance and support scalable, long-term growth. About Tencent Cloud: Tencent Cloud, one of the world's leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation. About Ryde Group Ltd: Ryde, a homegrown super mobility app founded in Singapore, is the world's FIRST on-demand carpooling app since 2014! As a publicly listed company on the NYSE, we are reimagining the way people and goods move around. We offer a full suite of services, including carpooling, private hire, taxi, and delivery, but what truly sets us apart is our commitment to empower our private-hire and taxi partners. We take 0% commission, ensuring that more of every hard-earned dollar goes to driver-partners on our platform. For more information, please visit to learn more. FORWARD-LOOKING STATEMENTS Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ryde Group Ltd specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

EV battery recycling heats up in Korea despite market slump
EV battery recycling heats up in Korea despite market slump

Korea Herald

timea day ago

  • Korea Herald

EV battery recycling heats up in Korea despite market slump

Industry eyes rebound by 2030 as used batteries pile up, global recycling mandates kick in Korea's industry giants are stepping up their involvement in the electric vehicle battery recycling sector, signaling expectations that the currently subdued industry will evolve into a critical component of the battery value chain. LG Energy Solution, Korea's largest battery maker, recently formed joint ventures in Europe and the US — with France's Derichebourg and Toyota Tsusho Co., respectively — marking its first direct steps into battery recycling operations in both regions. SK Ecoplant, a construction engineering unit of SK Group, is expanding its European facility in the Netherlands to add 25,000 metric tons of annual black mass processing capacity, with completion scheduled for 2025. Posco-GS Eco Materials, a 51:49 joint venture between Posco Holdings and GS Energy, acquired full control of its battery recycler, Posco HY Clean Metal, by purchasing the 35 percent stake held by China's Huayou Cobalt in April. 'It is late compared to other countries' battery industries, as even Chinese companies such as CATL have their own recycling business,' said Park Cheol-wan, a car engineering professor at Seojeong University. 'Yet it is the right path for Korean companies, as securing a stable supply chain for minerals will become increasingly significant.' These moves come as the battery recycling sector continues to suffer a deep slump, driven by sluggish EV demand and sharp declines in the prices of key battery minerals such as nickel, lithium and manganese. International lithium carbonate prices, which were above 450 Chinese yuan ($63) per kilogram in January 2023, have fallen to around 50 yuan. Nickel prices also dropped significantly, from over $31,000 per ton to around $20,000. As a result, SungEel HiTech, one of only two battery recycling companies listed on Korea's tech-focused Kosdaq, has experienced declines in profitability and free cash flow for two consecutive years. A joint battery recycling project between SungEel HiTech and SK Innovation, announced in 2022, has been indefinitely delayed, while SK Ecoplant's planned facilities in Gyeongju, North Gyeongsang Province, and Kentucky have also shown no signs of progress for years. The industry, however, anticipates a significant increase in the number of used EV batteries as they reach the end of their life cycle, which is estimated to be around 10 years. This follows the surge in global EV sales in the 2010s, which surpassed one million units in 2015. With the continued growth of EV adoption, the battery recycling market — valued at $8 billion in 2022 — is projected to expand to as much as $53.57 billion by 2030, according to SNE Research. Experts say that entering the battery recycling business is increasingly becoming essential for staying competitive in the battery industry, as global policy trends push for recycled minerals to be a core component of battery supply chains. The European Union requires all EV batteries placed within the region to meet minimum recycled metal content thresholds by 2031: 16 percent for cobalt, 85 percent for lead, 6 percent for lithium and 6 percent for nickel. These requirements will increase by 2036. Meanwhile, EVs with some key battery components or minerals sourced from foreign entities of concern are excluded from US tax credits under the Inflation Reduction Act, pressuring battery makers to secure materials domestically, often through recycling. 'It is more a matter of broader business strategy than the profitability of recycling itself, whether companies choose to outsource recycled materials or secure them in-house,' Park added. '(With policy changes in place,) it may become faster to secure used batteries rather than invest in new mines, exploration, refining and metal procurement. To ensure a stable supply of critical minerals, battery makers will be competing as if at war.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store