Alibaba Baidu Bank Beijing Blockchain ByteDance China China Mobile Chinese Currency Entertainment Facebook Finance Guangdong Internet Investment Metaverse Microsoft Mobile Online Game Online Shopping Online Video Renminbi Search Engine Shanghai
Metaverse (virtual universe) is a concept that has been mentioned a lot around the world in recent years. According to Bloomberg, in 2020, the market value of the metaverse has reached nearly 500 billion USD and could increase to 800 billion USD by 2024. Right now, a number of Western tech giants, including Microsoft and Facebook's parent company Meta, have bet billions of dollars on creating the technologies that underpin the metaverse. They all see this as the next evolution of the Internet. To start the plan to penetrate the metaverse market, Facebook changed the name of the parent company…
News Timeline:
Track the development of this news story across the Internet.