Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
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Should l Buy GOOGL?
Source: CNBC
Tencent's Expansion into Europe: Tencent is leveraging its cloud computing expertise developed in China to expand its cloud business in Europe, aiming to compete against major U.S. players like Amazon and Microsoft by focusing on specific technology areas such as video streaming optimization and gaming experience enhancement.
AI Tools and Multi-Cloud Strategy: The company plans to offer AI tools compatible with various foundation models, catering to European customers' needs for interoperability in a multi-cloud environment, while emphasizing cost efficiency and addressing specific customer problems.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
34 Analyst Rating
27 Buy
7 Hold
0 Sell
Strong Buy
Current: 310.960
Low
279.00
Averages
338.25
High
390.00
Current: 310.960
Low
279.00
Averages
338.25
High
390.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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