Dingding Metaverse News Today

Alibaba Group Holding has registered a new company in Beijing named Yuanjing Shengsheng to test the gaming potential of the metaverse, in the latest sign that China’s Big Tech firms are doubling down on what many see as the future of the internet. The new unit, wholly owned by Alibaba’s investment arm, has listed its major business as software development...

Chinese company Alibaba has filed several applications to register trademarks related to the development of its own metaverse. The group joins several other Chinese companies that are racing into a metaverse-filled future.