Alibaba is stepping into the Metaverse sector
Alibaba Group in China, Alibaba Group Holding, has registered with a new company, Yuanjing Shengsheng, to test gaming in the Metaverse, according to the South China Morning Post.
The same source also confirmed that the business is worth $ 1.6 million. Prove that Alibaba wants to be part of the Metaverse artificial world that allows people to do business there.
In addition, according to the analysis of Chenyu Cui, a senior game research analyst in London, the company is choosing technology to push its e-commerce into the artificial world. Also after the Metaverse appears in real form.
It is also noted that the names registered for the business license are “Ali Metaverse”, “Taobao Metaverse”, “Ding Ding Metaverse”.