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Home Metaverse

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

by cryptostandard
June 29, 2022
in Metaverse
Reading Time: 2 mins read
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The Chinese language tech giants lead a listing of the nation’s high 200 corporations with probably the most potential within the metaverse, in response to wealthy listing compiler Hurun Report. To be eligible, corporations wanted to have a market capitalization of US$1 billion or extra. 

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

Quick details

  • Along with the tech giants like Tencent, the highest 20 corporations additionally embrace state-owned telecom operators China Cell and China Telecom, video streamers Mango Wonderful Media and iQiyi, synthetic intelligence-focused agency SenseTime, and massive knowledge 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, mentioned the present computing, storage, and community infrastructure continues to be unable to realize a completely immersive expertise, which is why a few third of the corporations on the listing are chipmakers and knowledge companies suppliers.
  • Hu mentioned the listing is to let extra individuals know which Chinese language corporations have probably the most potential within the metaverse.
  • Based on the listing, half of the highest 200 corporations are headquartered in Beijing, Shanghai, and Shenzhen, with Beijing having 55 corporations.

See associated article: China’s largest brokerage says the metaverse will probably be popularized in 20 years



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Tags: AlibabaBitcoin NewsByteDanceCrypto NewsCrypto StandardCrypto UpdatesLatest Bitcoin NewsMetaversePotentialReportTencent
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