IDreamSky Technology Enters Could Computing Service Provision Contract; Shares Surge 14%
MT Newswires Live
Nov 13
IDreamSky Technology (HKG:1119) unit iDreamSky Holdings (HK) agreed to provide cloud computing and related technology services to Tencent Cloud International for 26 million yuan, a Thursday bourse filing showed.
Shares of the game developer were up over 14% in Friday afternoon trading.
The company will procure cloud computing and related technology services such as AI Token, together with all associated support and maintenance from cloud service providers and provide these services to Tencent Cloud International for its business operations.
Tencent Cloud International is a unit of Tencent (HKG:0700) and is incorporated in Singapore.
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