90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.
VRScout
JANUARY 1, 2017
In the wake of Facebook’s acquisition of Oculus in 2014, investment spiked: 270 million yuan ($38.9 In many ways it’s still doing a whole lot better than America and Europe. As it turns out, investment is still flowing into the Chinese VR industry. The next year, that number would cap at 2.4 It’s growing.
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