Tencent launches division to enter the Metaverse market
One of the largest Chinese software developers Tencent announced the creation of a division that will cover all initiatives for the company’s entry into the metaverse market. The company plans to produce both software and hardware products for the Metaverse. This means that Tencent will compete with giants such as Microsoft and Meta. The new division, which will be led by the company’s CTO Li Shen, will be unlike any existing at Tencent. The company…