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Alibaba's Metaverse Unit Lays Off Dozens as Interest DeclinesAlibaba has laid off employees at its metaverse unit, Yuanjing, reflecting the overall industry trend of declining interest in metaverse projects by major Chinese corporations. Despite the layoffs, Alibaba remains committed to the Metaverse. Chinese tech giant Alibaba is said to have laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring effort. The layoffs primarily affected staff at Yuanjing's operations in Shanghai and Hangzhou.

Alibaba's Metaverse Unit Lays Off Dozens as Interest Declines

Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting the overall industry trend of declining interest in metaverse projects by major Chinese corporations.

Despite the layoffs, Alibaba remains committed to the Metaverse.
Chinese tech giant Alibaba is said to have laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring effort. The layoffs primarily affected staff at Yuanjing's operations in Shanghai and Hangzhou.
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🔥TOP ASSOCIATION🔥 What is the reason for the $NEAR pump today? #NEAR Foundation partners with Alibaba Cloud to accelerate #Web3 growth in Asia. This partnership will offer multiple#Blockchain to provide a data query API to developers. The NEAR Foundation and Alibaba Cloud will offer the (RPC) servers as a service to developers and users in the NEAR ecosystem. RPC is a type of computer server that allows users to read data on blockchains and send transactions to different networks. We told you the other day, the incorporation of the new president, Joseph Tsai, could bring us important news in the Web3-Alibaba ecosystem. Surely this does not stop here and we have new news soon from #alibaba in the ecosystem #crypto
🔥TOP ASSOCIATION🔥

What is the reason for the $NEAR pump today?

#NEAR Foundation partners with Alibaba Cloud to accelerate #Web3 growth in Asia. This partnership will offer multiple#Blockchain to provide a data query API to developers.

The NEAR Foundation and Alibaba Cloud will offer the (RPC) servers as a service to developers and users in the NEAR ecosystem. RPC is a type of computer server that allows users to read data on blockchains and send transactions to different networks.

We told you the other day, the incorporation of the new president, Joseph Tsai, could bring us important news in the Web3-Alibaba ecosystem.

Surely this does not stop here and we have new news soon from #alibaba in the ecosystem #crypto
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