Tencent joins the AI spending race: Beijing teams relocating to Shenzhen, Shanghai to Chengdu

yangyi · x · 2026-10-20

Reports suggest Tencent, now deep in the AI spending race, is consolidating offices: part of its Beijing teams moved to Shenzhen in September, and part of Shanghai teams will move to Chengdu in October. Affected employees face a choice between relocating, internal transfer, or leaving.

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