SEOUL— SoftBank Group Corp. is investing $150 million in a South Korean metaverse platform that has amassed a large following of young female users by selling high-fashion items for 3-D avatars, according to the companies involved in the deal.

Naver Corp.’s Zepeto, which users access via a mobile app, is Asia’s busiest metaverse platform with about 2 million active users a day. People scan a photo and can build digital likenesses of themselves, then hang out in virtual worlds. Users can voice chat with each other and roam through virtual spaces such as a haunted house, a school classroom or a garden wedding.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Microsoft’s Surface Duo 2 Is a Lovable Weirdo

Two Octobers ago, Microsoft revealed its long-in-the-works dual-screened device, named the Surface…

Satellites Are Rife With Basic Security Flaws

Hundreds of miles above Earth, thousands of satellites are orbiting the planet…

Mind-blowing Sky TV ‘beep beep’ trick will save you loads of time – and it’s easy

EVER lost your Sky TV remote? It happens to us all –…

Your iPhone camera can now reveal if HUGE spider in your house is dangerous

YOU can now identify spiders in your home in seconds thanks to…