Business News Report

Speculations are rising about Tencent and Meta joining forces to make the Quest 2 headset available to the Chinese market.

In Brief

According to a report from 36Kr, a local news source, Tencent is pursuing a partnership with Meta to launch the Quest 2 VR in China.

After re-evaluating its own plans for XR technology amid economic setbacks and anticipated profit challenges, Tencent seems ready to introduce the Quest 2 to the Chinese audience.

Tencent, a leading technology company from China, has successfully launched Meta's VR device Quest 2 in the region after previously shutting down its own NFT platform, Huanhe.

Rumors are circulating There are reports that Tencent is considering a collaboration with Meta for introducing Quest devices to Chinese consumers, based on findings from a local news outlet. 36Kr Tencent’s plan to market Meta's Quest 2 device in China comes after their earlier pivot away from developing XR technology, attributed to adverse economic conditions and a bleak profitability outlook. This pivot involved significant layoffs and closing the XR division. abandoned its own hardware plans .

This collaboration wouldn't be unprecedented for Tencent, which previously partnered with Nintendo for the Switch back in 2019.

Tencent will face the challenge of adapting game content, services, and user experiences to suit the Chinese market, considering the generally different consumer preferences around payment for games—most consumers in China favor free content but are willing to spend on added services.

A partnership like this between Tencent and Meta could open up several advantages, particularly tapping into the vast and profitable Chinese market. Tencent has a strong presence in the tech sphere with a vast user base, which could facilitate the acceptance of Meta's VR offerings, especially important for Meta’s growth. Pandaily .

Nonetheless, the partnership may also come with risks. Tencent's past controversies surrounding censorship and data privacy could damage Meta's image due to association. Additionally, strict regulations set forth by the Chinese government might also limit how VR technology can be used, posing further challenges. It's worth noting that financial gains from this venture may not materialize swiftly, as the VR sector is still in its infancy. struggling financially and facing harsh criticism from investors and consumers .

Please remember that the information on this site is not intended to constitute legal, tax, investment, or any other form of advice. It’s crucial to only invest what you can afford to lose and to consider seeking independent financial counsel if you have any uncertainties. For more details, we recommend reviewing the terms and conditions along with the help and support resources from the issuer or advertiser. MetaversePost strives for accurate, impartial coverage, but remember that market dynamics can change without warning. online content Agne, a journalist, consistently reports on the latest trends in the metaverse, AI, and Web3 sectors for Metaverse Post. Her dedication to storytelling has led her to engage in numerous interviews with industry experts, always aiming to reveal intriguing narratives. With a Bachelor's degree in literature, she has a broad writing background covering diverse topics, including travel and culture. In addition to her journalism, Agne has volunteered as an editor for an animal rights organization, helping to promote awareness of animal welfare matters. Feel free to reach out to her at

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