philip lelyveld The world of entertainment technology

16Aug/20Off

Virtual reality meeting startup VirBELA posts 260% growth amid COVID-19 pandemic and potential spinoff

The company that developed a Sims-like virtual world with controllable and personalized avatars has seen business explode by offering virtual venues for meetings, conferences, and concerts. In the second quarter, its publicly traded parent company eXp World Holdings (EXPI) revealed VirBELA saw a 260% increase in revenue and a quintupling of monthly active users.

See the full story here: https://money.yahoo.com/virtual-reality-meeting-startup-vir-bela-posts-260-growth-amid-pandemic-and-potential-spinoff-141226592.html?

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