Visitors explore at a virtual reality exhibition at the Hong Kong Space Museum. The metaverse concept has been defined as a shared virtual experience where players interact through digital avatars. Photo: Nora Tam
Visitors explore at a virtual reality exhibition at the Hong Kong Space Museum. The metaverse concept has been defined as a shared virtual experience where players interact through digital avatars. Photo: Nora Tam

Why Chinese tech giants are embracing the metaverse despite state media warnings

  • Bilibili says it has great potential to develop the metaverse after Tencent and NetEase made similar declarations
  • The People’s Daily cautions investors against falling into what it sees as a market hype around the metaverse

Topic |   Virtual Reality
Visitors explore at a virtual reality exhibition at the Hong Kong Space Museum. The metaverse concept has been defined as a shared virtual experience where players interact through digital avatars. Photo: Nora Tam
Visitors explore at a virtual reality exhibition at the Hong Kong Space Museum. The metaverse concept has been defined as a shared virtual experience where players interact through digital avatars. Photo: Nora Tam
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