It is now November in Hong Kong. 20, 2023 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777), a global leader in building internet communities, has completed a strategic investment of US$20 million as the lead investor in the latest equity fundraising round of Rokid Corporation Ltd ("Rokid"), and in parallel with the investment, the two companies have signed a 5-year strategic partnership agreement to pursue metaverse opportunities globally with Rokid's state-of-the-art Augmented Reality (AR) technologies
20, 2023 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777), a global leader in building internet communities, has completed a strategic investment of US$20 million as the lead investor in the latest equity fundraising round of Rokid Corporation Ltd ("Rokid"), and in parallel with the investment, the two companies have signed a 5-year strategic partnership agreement to pursue metaverse opportunities globally with Rokid's state-of-the-art Augmented Reality (AR) technologies
The NetDragon Group has been recognized as one of the world's leading providers of internet communities and specializes in scaling multiple internet and mobile platforms in both the gaming and education industries. Having achieved a high level of recognition in the education field, the company has established itself as an expert in leveraging technology to enhance the learning experience for students. In addition to providing comprehensive technology solutions in hardware, software, and operating systems, Rokid is in the unique position of being a world-renowned leader in the field of augmented reality technologies. As a result of this investment and partnership, we will be able to accelerate the creation of next-generation interactive user experiences that will form the basis of the metaverse of tomorrow. It is important to note that Rokid is currently backed by a number of reputable investors and industry players, including IDG, Walden, Fosun, Haitong, Temesak, etc.
It is important to note that Rokid is currently backed by a number of reputable investors and industry players, including IDG, Walden, Fosun, Haitong, Temesak, etc.
The Dr.. As said by Simon Leung, Vice Chairman and Executive Director of NetDragon Group, "we are excited about our investment in Rokid, as we believe AR will become one of the core technologies that will enable the metaverse in the next few years to come.". In the near future, AR will become a key channel for users to interact with users in the metaverse, and it will broaden the number and variety of use cases for AR, notably in education and gaming.. It is through our partnership with Rokid that we will be able to design products with a new level of user experience through the application of AR technologies, and at the same time accelerate our go-to-market capabilities for our AR-enabled product offerings.." 
" 
I am Mr.. Founder and CEO of Rokid, Misa Zhu, expressed his delight at the prospect of having NetDragon on board not only as an investor, but also as a strategic partner in the future.. As a leading unicorn within the rapidly growing industry of augmented reality, Rokid is a product-oriented platform provider specializing in human-computer interaction technology with a proven track record in a variety of industrial and consumer applications, including education, entertainment and health care applications. Throughout our partnership with NetDragon, we are looking forward to leveraging their expertise in education and gaming, as well as their global sales network, in order to expand our opportunities to gain a competitive advantage. With the combination of NetDragon and Rokid, we are confident that the industry will experience a new momentum in product development and breakthrough innovation as a result of this combination
With the combination of NetDragon and Rokid, we are confident that the industry will experience a new momentum in product development and breakthrough innovation as a result of this combination
A brief overview of NetDragon Websoft Holdings Limited can be found below
NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long history of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users worldwide. Previously, 91 Wireless has established the Chinese market's most influential smartphone app store platform, 91 Wireless, as well as the world's first online gaming portal, 17173.com.  
NetDragon was established in 1999 and it is one of the most well-known and reputable online game developers in China today. They have released many successful online games such as Eudemons Online, Heroes Evolved, Conquer Online and Under Oath in the past few years. In recent years, NetDragon has also begun to scale its online education business on the back of management's vision to create the largest global online learning community, and to bring best-in-class integrated blended learning solutions to every school across the globe.  
What Rokid is all about
We are a product platform company founded in 2014 that focuses on human-computer interaction technology. Currently, Rokid is working on the development and research of hardware and software products, including AR glasses and the YodaOS operating system, specifically targeting human-computer interaction technology.
Rokid has developed a range of augmented reality (AR) solutions for consumer and business customers, including Rokid Max AR glasses and Rokid Station, that have been built through research in speech recognition, natural language processing, optical display, semiconductor platform, and hardware design. Currently, the company's products are being sold and used in more than 80 countries and regions around the world. The company's website can be found at: https://global.rokid.com/.
Please feel free to contact us if you have any investor enquiries:
The company's Senior Director of Investor Relations is Maggie Zhou. The company's email address is [email protected] or [email protected] and its website is ir.netdragon.com.  
The source of this information is NetDragon Websoft Holdings Limited
Defining itself as a global leader in building internet communities, NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code 777) today announced that ...
As a global leader in building internet communities, NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777) is one of the most successful companies...
Take advantage of PRN's curated news and top stories delivered right to your inbox every week when you sign up!

Source prnewswire