Temasek, Alibaba co-lead Chinese metaverse platform Yahaha's $40m funding

Temasek, Alibaba co-lead Chinese metaverse platform Yahaha's $40m funding

Yahaha, a user-generated metaverse gaming platform, has secured $40 million in a Series A+ funding round co-led by Singapore’s Temasek and Chinese internet giant Alibaba, the company announced on Wednesday. 

Yahaha’s platform allows gamers and developers to build their own games and publish them on the platform. The investments will be used to further grow the company’s product, community, headcount and ecosystem, the statement said. 

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