Tencent slashes price of cloud services by up to 40%

Tencent slashes price of cloud services by up to 40%

FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo

Chinese internet giant Tencent Holdings  is cutting prices for cloud services by up to 40% from June amid similar moves from rivals that have plunged the sector into a price war.

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