NetEase to launch app of virtual meeting platform Yaotai in August, as competition heats up on metaverse-related products

NetEase plans to introduce its Yaotai app as early as August to help expand the virtual meeting platform’s user base. Around 100 virtual conferences have so far been conducted on Yaotai by institutional customers that include universities and various enterprises. — SCMP

NetEase, China’s second-largest video gaming company, is ramping up efforts to commercialise Yaotai, its immersive virtual conference platform, as competition in metaverse-related products intensifies in the world’s second-largest economy.

Hangzhou-based NetEase plans to introduce a smartphone app of the virtual meeting platform as early as August to help expand its user base, NetEase Yaotai head Liu Bai said in an interview earlier this month.