01-Nov-18, South China Morning Post

The next 20 years of Internet development will centre on '2B', or services to businesses, shifting from a focus on consumers in the past two decades, according to Tencent Holdings executives.

Tencent sees focus of Internet development shifting to business (c) Reuters

Image: Reuters

"Tencent will play a role of being an assistant to help the Internet integrate smart retail, medical, education as well as the manufacturing sectors," Dowson Tong, president of Tencent’s newly established Cloud and Smart Industries Group, said. "In the coming two decades, Tencent will join with all partners to embrace industrial internet."

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