Facebook may be set to make first-ever entry in China with this product
Facebook may finally make its entry in China. According to a report in news agency Reuters, Tencent Holdings is in talks with Facebook parent Meta Platforms Inc to distribute its Meta Quest line of virtual reality headsets in China. The talks between Tencent and Meta reportedly started last year and have continued in recent months. The reports though are still in early stage, if successful they will give a Facebook product its first-ever entry in China. Facebook is among several other US companies that are banned in China.
Facebook wings for Tencent’s VR ambitions
The world’s largest video game publisher Tencent had ambitious plans to build both virtual reality software and hardware at an “extended reality” XR unit it launched in June last year.