Business social networking websites show that Jason Ma, the former Director and Head of Xiaomi's VR department, has updated his personal certification to Head of Social VR at ByteDance's Pico.
Beijing-based tech startup Nreal announced Tuesday that it will soon launch in the UK its core product, the Nreal Air AR glasses, through an exclusive agreement with BT-owned mobile operator EE.
Pico, a VR brand owned by TikTok owner ByteDance, announced at the Laval Virtual event in France on April 13 that its Neo 3 Link headset will cost €449 ($539), with limited availability.
Oasis, an interactive social platform based in China and focused on the metaverse, recently completed a B round of financing worth tens of millions of dollars.
Three key individuals at ByteDance will soon be transferred to its virtual reality (VR) brand Pico. The moves indicate that ByteDance will start to increase its investment in VR content.
This week: Chinese label Modern Sky debuts first virtual musician, The Sandbox to launch metaverse incubator program, Chinese government rejects metaverse trademark applications, and more.
Burning Galaxy, a virtual interactive entertainment platform, recently announced its completion of an A round of financing worth $10 million, led exclusively by Matrix Partners.
Tencent Music Entertainment Group (TME), the online music subsidiary of Chinese internet giant Tencent, announced on Friday that it would officially launch TMELAND, the first Chinese virtual music festival.
This week: Hong Kong property tycoon invests in Animoca Brands, Crypto exchange BitMart lost $150 million to hackers, Meta opens up access to its VR social platform Horizon Worlds, and more.
OPPO, a Chinese consumer electronics and mobile communications company, held the launch ceremony of its Chongqing Innovation Demonstration Intelligent Factory on Wednesday.
iQiyi held a press conference on Wednesday to launch its Adventure Dream VR all-in-one machine, with a price tag of 1999 yuan. The machine is equipped with the Qualcomm XR2 platform.
Chinese internet firm Baidu has recently launched a social app called "Xirang" ("land of hope)" on both the domestic Apple and Android App Store, stepping forward along the path of the Metaverse.
