BANGKOK/JAKARTA -- Video streaming is king in smartphone-savvy Southeast Asia, and global heavyweights like Tencent Holdings and Netflix are battling along with regional tech companies over a burgeoning market set to expand into the tens of billions of dollars per year.
Tencent on Friday launched the WeTV platform in Thailand, its first overseas streaming market. The Chinese technology giant aims to break into Thailand's top three services by the end of 2019 with such offerings as Chinese movies and dramas, which have gained a following in Thailand.
