• Video game software developer Unity to spin off China business, hopes to cover metaverse, among other areas

  • U.S. video game software developer Unity Software is talking about spinning off its China unit to help it expand in the world’s largest gaming market, according to four people familiar with the matter.

    Two people familiar with the matter said Unity is proposing the spinoff because it wants to see its software used more widely in China, hopefully in areas as diverse as smart city modeling, industrial design, and the metaverse. Potential investors who have spoken to Unity have already placed big bets on the metaverse space, they said.

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