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Alibaba in metaverse gaming move as Big Tech bets on potential

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. ....

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Alibaba Stock Forecast: BABA shares jump on metaverse investment

The dim news flow surrounding Alibaba (BABA) on Monday was pushed to the side on Tuesday after it was reported that it has created a new metaverse uni ....

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