iQiyi launches virtual reality headset for push into metaverse market

China’s equivalent of Netflix, iQiyi, unveiled its latest all-in-one virtual reality headset called the Adventure Dream […] amid an accelerated push into the booming VR and metaverse market.
The company said the Adventure Dream team has linked up and established partnerships with over 100 renowned game developers. It is rapidly expanding its game library by adding three to five new titles per month. Fueled by iQiyi’s massive content library, the new gadget will also offer a wide range of the latest films and TV shows.
Aiming to win a large piece of the pie in the future metaverse market, Xiong Wen, CEO of iQiyi Intelligence, said the company has decided to change its name to Dream Bloom, showing its determination to tap into the emerging metaverse sector.