Meta strikes deal with Tencent to sell VR headset in China

Meta Platforms has struck a deal with Tencent Holdings to sell a new, low-cost virtual-reality (VR) headset in China, as it tries to return to a market where Facebook and Instagram remain blocked, the Wall Street Journal reported on Thursday.

The preliminary deal will make Tencent the exclusive seller of Meta’s headsets in China, the Journal said, citing sources, adding that the Chinese video game maker will start selling the headset beginning late 2024.

The report did not mention the potential price of the headset.