GOX partners with Tencent Cloud to offer top notch livestreaming & eSports solutions to become an integral part of the burgeoning entertainment market in Indonesia and Asia. The two companies have agreed to a four-year partnership as a blueprint for its expanding local eSports and content distribution ecosystem.
GOX will deploy Tencent Cloud’s industry-leading streaming service and content delivery network in the partnership to provide low latency, smooth, and reliable gaming content to millions of spectators in Indonesia and Asia.
The partnership comes at a time when the e-sports market is booming. According to The Business Research Company, the worldwide market value is estimated to reach $2.89 billion in 2025 at a CAGR of 23 percent. According to a survey undertaken by the Indonesian Gaming Association, the local gaming industry is developing at a rate of 37 percent each year, demonstrating the gaming sector’s rapid growth and indicating the scale of the Indonesian e-sports field.
Jack Lontoh, Founder, GOX, said, “Through our collaboration with Tencent Cloud, we are confident that we can accelerate the growth of GOX while maintaining the highest quality of streaming services. When COVID-19 hit in early 2020, the number of GOX active users has grown more than 16 times, benefitting from the social restriction, as more people started to go online. GOX has positioned itself to take advantage from the early wave of people turning to streaming as a full-time job.”
Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “Through our collaboration with GOX, we look forward to empowering the local entertainment business, particularly in the field of e-sports and game livestreaming, via our high-quality, high-performance, stable and secure technology.”
GOX will continue to explore deeper collaboration with Tencent Cloud in terms of more interactive platform features and gaming resource collaboration in the future, to benefit both viewers and streamers. Tencent Cloud aims to provide gaming and entertainment organizations with stable, fast, and high-quality technological services, therefore increasing its partners’ market competitiveness.
