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Alibaba Group Holding has registered a brand new firm in Beijing named Yuanjing Shengsheng to check the gaming potential of the metaverse, within the newest signal that China’s Massive Tech corporations are doubling down on what many see as the way forward for the web.The brand new unit, wholly owned by Alibaba’s funding arm, has listed its main enterprise as software program improvement and companies, in accordance with public registry monitoring agency Tianyancha. It has 10 million yuan (US$1.6 million) in registered capital. The unit’s…
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Alibaba to test gaming potential of metaverse as Big Tech firms stampede into virtual world
