Alibaba pushes virtual reality usage in China; could VR counterfeit stores be next?

Alibaba pushes virtual reality usage in China; could VR counterfeit stores be next?

Next week Alibaba is to place virtual reality (VR) technology at the centre of its Singles Day sales drive, the latest in a series of high-profile uses of the technology in China. With the country’s VR industry predicted to be worth Rmb55 billion ($8.14 billion) by 2020, it makes the market one to monitor for counsel concerned over how brands may be used (for good and bad) in the virtual environment.

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