China’s Quanshi Surges on Launching Virtual Retail Complex to Help Firms Access Metaverse
Tang Shihua
DATE:  Feb 24 2023
/ SOURCE:  Yicai
China’s Quanshi Surges on Launching Virtual Retail Complex to Help Firms Access Metaverse China’s Quanshi Surges on Launching Virtual Retail Complex to Help Firms Access Metaverse

(Yicai Global) Feb. 24 -- Shares in Beijing Quanshi World Online Network Information soared as much as 6.4 percent today after the Chinese digital tech and marketing services provider announced the release of its digital commercial complex, which enables companies to enter the metaverse at low cost.

Quanshi’s share price [SHE:002995] gained 2.2 percent to close at CNY28.35 (USD4). Earlier in the day it hit CNY29.53.

"Infinite Box," which boasts multiple types of virtual spaces and diversified application scenarios, quickly creates a exclusive, immersive and interactive digital space for corporate clients, reducing the time and costs needed to enter metaverse, the Beijing-based company said yesterday, adding that it is a ground-breaking marketing concept and a brand-new user experience.

Clients who sign up with "Infinite Box" will not only get their own custom-designed avatar, but Quanshi will also set up a virtual IP and livestreaming services as well as launch online events so as to showcase and promote their digital products. By wearing a special virtual reality headset, people can enter the ‘Infinite Box’ through computers, mobile apps and other means.

Brick-and-mortar companies that have already joined "Infinite Box" include travel agency Utour Group, movie theater chain UME Cinema and other firms in the tourism, media, catering and retail sectors, it said.

Editor: Kim Taylor

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Keywords:   New Product,Official Launch,Infinite Box,Metaverse Space,Virtual Assets,Virtual Service,Beijing Quanshi World Online Network Information