Alibaba is set to invest $60 million in Nreal, a start-up specialised in augmented reality (AR), an initiative seen as the Chinese e-commerce giant’s first foray into the metaverse.
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48 published items with the word (s) or phrase Baidu in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Alibaba invests in AR, eyes metaverse")
Alibaba invests in AR, eyes metaverse -
![]( "China tells Alibaba, Tencent to open platforms up to each other")
China tells Alibaba, Tencent to open platforms up to each otherChina's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms.
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![]( "Chinese apps join celebs in backlash against Western fashion brands over Xinjiang")
Chinese apps join celebs in backlash against Western fashion brands over XinjiangChina’s top ride-hailing app dropped Swedish fashion retailer H&M from its listings as Chinese celebrities stopped endorsing foreign labels in a growing uproar over Western accusations of forced labour in Xinjiang.
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![]( "After H&M, more foreign retail brands under fire in China in Xinjiang fallout")
After H&M, more foreign retail brands under fire in China in Xinjiang falloutMore foreign retail brands came under criticism from social media in China on Thursday, in the wake of Beijing's propaganda offensive against H&M over the Swedish company's previously aired concerns on Xinjiang.
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![]( "China market regulator clamps down on live-streaming e-commerce")
China market regulator clamps down on live-streaming e-commerceChina’s market regulator on Tuesday tightened scrutiny over the country’s booming livestreaming e-commerce platforms, citing concerns about poor quality products and misleading advertising.
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![]( "TikTok owner ByteDance first-quarter revenue soared to around $5.6 billion - sources")
TikTok owner ByteDance first-quarter revenue soared to around $5.6 billion - sourcesBeijing-based ByteDance, the privately owned operator of short video app TikTok, booked around 40 billion yuan (£4.4 billion) in revenue for the January-March quarter, said two people with knowledge of the matter.
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![]( "Alibaba to invest $28 billion in cloud services after coronavirus boosted demand")
Alibaba to invest $28 billion in cloud services after coronavirus boosted demandAlibaba Group Holding Ltd said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years, following a boom in demand for business software as the coronavirus outbreak peaked in China.
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![]( "Advertisers stare into the coronavirus abyss")
Advertisers stare into the coronavirus abyssThe decimation of the luxury, entertainment and travel industries is delivering a hammer blow to a global advertising industry that was already reeling from years of tech-led turmoil.
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![]( "Adidas-supplied Arsenal kit still on sale in China despite Ozil Uighur backlash")
Adidas-supplied Arsenal kit still on sale in China despite Ozil Uighur backlashStores in China said on Monday they were still selling Arsenal kit, which is supplied by Adidas, even after Mesut Ozil’s comments blasting China’s policy toward its Muslim Uighur minority.
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![]( "China's tech firms to post slower June-quarter growth on sagging demand")
China's tech firms to post slower June-quarter growth on sagging demandChina's top technology, e-commerce and consumer electronic firms are set to report a sharp slowdown in revenue growth for the June quarter, as a bruising trade war with the United States hurt consumer spending.