TikTok’s Parent Company Just Entered The VR Race
VRScout
AUGUST 30, 2021
The owner of the social media platform diversifies its business with the purchase of Pico VR. Last week rumors began circulating regarding the potential acquisition of Pico VR by ByteDance Ltd., the parent company of social media platform TikTok. Today, ByteDance confirmed its purchase of the ever-growing Chinese VR headset manufacturer. According to a report by the Chinese VR publication VR Tuoluo (first spotted by CNBC ), ByteDance has released an official statement expressing their excitement
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