Tag: netease

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China Pushes Metaverse Standardization Group to Establish the Rules of the Yuanverse

January 23, 2024

The government of China has announced the creation of a metaverse standardization working group to establish different rules to govern the Chinese Yuanverse platform. The standardization group will be integrated by Chinese universities, government institutions, and companies like Tencent, Huawei, Baidu, Netease, and Sense Time. China Announces Metaverse Standardization Group The Chinese government aims to…
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China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan

September 14, 2022

Analysts from JPMorgan believe that the metaverse gaming market could explode in China even with the current state of regulation, which presents certain difficulties for adoption. Companies like Tencent, Netease, and Bilibili are JPMorgan’s picks when it comes to taking advantage of this potential growth, that at best, might pass the $100 billion mark. …
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