Joint venture to revolutionize virtual pet entertainment
Hong Kong investment company and virtual pet entertainment innovator announced a strategic partnership.
China Information Technology Development Limited (CITD) has announced a joint venture with virtual pet entertainment innovator Petaverse.
The investment firm hopes to redefine pet entertainment through this partnership by creating immersive experiences by combining virtual and physical reality.
Catering to pet enthusiasts globally, the platform is expected to create a unique virtual world for online pet owners. As part of this joint venture, Petaverse and CITD are expected to combine their resources, expertise and market insights to develop virtual pet products, applications and services.
CITD, a leading innovative technology company, specializes in artificial intelligence and cloud technologies. The firm offers a range of AI and data solutions, empowering organizations to unlock valuable insights from their data, enhance decision-making processes, and streamline automation.
Opportunities
The platform offers pet owners unprecedented opportunities for engagement, education and entertainment to “shape the future of virtual pet entertainment.”
By leveraging Petaverse’s deep understanding of virtual pet development and CITD’s technological capabilities, the companies are poised to reshape the pet industry and offer pet owners opportunities for interaction and companionship.
“Together, we will create virtual pet experiences that evoke genuine emotions and forge strong bonds between humans and their virtual companions that captivate the hearts of pet lovers worldwide,” says Cosmin Muresan, Chief Marketing Officer at Petaverse.