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 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
