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Tencent, Alibaba, ByteDance have probably the most potential within the metaverse: report

SB Crypto Guru News by SB Crypto Guru News
June 16, 2022
in Metaverse
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Tencent, Alibaba, ByteDance have probably the most potential within the metaverse: report


The Chinese language tech giants lead an inventory of the nation’s high 200 corporations with probably the most potential within the metaverse, in keeping with wealthy listing compiler Hurun Report. To be eligible, companies wanted to have a market capitalization of US$1 billion or extra. 

See associated article: ‘Metaverse’ enters authorities radar at China’s Two Classes

Quick information

  • Along with the tech giants like Tencent, the highest 20 corporations additionally embrace state-owned telecom operators China Cellular and China Telecom, video streamers Mango Glorious Media and iQiyi, synthetic intelligence-focused agency SenseTime, and massive information service supplier Inspur.
  • Eight corporations within the high 200 listing are labeled as having benefits in blockchain, together with Alibaba’s affiliate Ant Group, JD.com, and Bitmain.
  • A couple of digital actuality and augmented actuality (VR & AR) headset producers are listed, together with Apple suppliers Goertek, Thundersoft, Sunny Optical and Rockchip.
  • Hu Run, the founding father of writer Hurun China, stated the present computing, storage, and community infrastructure continues to be unable to realize a completely immersive expertise, which is why a couple of third of the companies on the listing are chipmakers and information providers suppliers.
  • Hu stated the listing is to let extra folks know which Chinese language corporations have probably the most potential within the metaverse.
  • In keeping with the listing, half of the highest 200 corporations are headquartered in Beijing, Shanghai, and Shenzhen, with Beijing having 55 companies.

See associated article: China’s largest brokerage says the metaverse will likely be popularized in twenty years



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Tags: AlibabaBitcoin NewsByteDanceCrypto NewsCrypto UpdatesLatest News on CryptoMetaversePotentialReportSB Crypto Guru NewsTencent
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