The new metaverse alliance in Guangzhou reflects how the concept has become increasingly popular with Chinese technology companies and a growing number of investors. Photo: Shutterstock
The new metaverse alliance in Guangzhou reflects how the concept has become increasingly popular with Chinese technology companies and a growing number of investors. Photo: Shutterstock
Metaverse

Big Tech companies in Guangzhou heat up China’s metaverse race through new local government-backed industry alliance

  • Five tech companies, including a NetEase unit and 37Games, have formed the Guangzhou Metaverse Innovation Association
  • The alliance aims to serve as the southern city’s first salvo in the race to build China’s metaverse ecosystem

The new metaverse alliance in Guangzhou reflects how the concept has become increasingly popular with Chinese technology companies and a growing number of investors. Photo: Shutterstock
The new metaverse alliance in Guangzhou reflects how the concept has become increasingly popular with Chinese technology companies and a growing number of investors. Photo: Shutterstock
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