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Alibaba and HTC to be partners on virtual reality development

Alibaba (NYSE:BABA) and HTC (OTC:HTCXF) are joining hands to advance virtual reality development with cloud computing solutions.

The companies will focus on tackling bandwidth allocation, data transmission and data processing, building a VR cloud ecosystem and extend ‘Viveport’, HTC’s VR app store to the Alibaba Cloud platform.

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