Metaverse gathers pace in China as Baidu, NetEase join rush to register trademarks related to the internet’s next phase

  • The trademark applications filed by Baidu and NetEase followed recent metaverse-related initiatives by Tencent, Alibaba and ByteDance
  • A state-run think tank in China had earlier warned about national security risks involved with the metaverse

While the metaverse remains in its nascent stage, Chinese Big Tech companies’ recent moves show that the stakes are potentially high in this emerging internet business model. Photo: Shutterstock
Metaverse, the concept of a shared virtual environment that users access via the internet, is gathering momentum in China, as Baidu and NetEase join other Big Tech firms in applying for trademarks related to this field amid concerns over the risks involved in the new business model.
NetEase, the Hangzhou-based video gaming giant, and its subsidiaries filed dozens of metaverse-related trademark applications in late October, according to Chinese business registration tracking platform Qichacha.
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