Entertainment

Experts say social activities and entertainment in VR will be more attractive in the long term as people are stuck at home curing the COVID-19 pandemic.

Last Sunday, on average, theaters in China had less than one person for each screened movie.

The company is now producing a VR documentary where many creators across China show their lives amid the coronavirus outbreak.

China’s largest aggregator, Trip.com, forecasted its revenues to drop 45% to 50% YoY in the first quarter of 2020.

The company expects the first quarter of 2020 to be one of the strongest first quarters yet.

The firm also announced an expected slowdown in revenue for the first half of 2020 due to coronavirus.

Tencent’s WeSing, with over 100 million monthly active users, is the top app in this vertical.

The coronavirus outbreak has impacted almost every aspect of the economy, including big and small businesses.