{"id":53828,"date":"2021-11-30T17:48:58","date_gmt":"2021-11-30T15:48:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53828"},"modified":"2025-09-03T17:08:37","modified_gmt":"2025-09-03T14:08:37","slug":"softbank-invests-150-million-in-zepeto-metaverse-platform","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/softbank-invests-150-million-in-zepeto-metaverse-platform\/","title":{"rendered":"SoftBank Invests $150 Million in Zepeto Metaverse Platform"},"content":{"rendered":"

The Zepeto metaverse platform from South Korea’s NAVER Corporation attracted $150 million from SoftBank in a Series B funding round, according to Wall Street Journal<\/a>.<\/p>\n

According to the publication, launched in 2018, Zepeto attracts more than 2 million daily active users. The virtual world is popular mainly among girls aged 13 to 24.<\/p>\n

Users create 3D avatars and can interact with one another, attend events, and purchase digital items, including clothing from Gucci and Ralph Lauren.<\/p>\n

\n

“We are probably the world’s largest virtual fashion marketplace,” commented Rudi Li, Chief Strategy Officer of Naver Z Corp.<\/p>\n<\/blockquote>\n

Investments by the Japanese conglomerate have raised the platform’s valuation to more than $1 billion.<\/p>\n

NAVER Corporation \u2014 operator of the country’s most popular portal Naver, its child-friendly versions, and the Line messenger.<\/p>\n

Earlier in November, SoftBank via its Vision Fund 2 supported<\/a> the gaming metaverse platform The Sandbox<\/a> in a $93 million round.<\/p>\n

Follow ForkLog news on Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Zepeto metaverse platform from South Korea’s NAVER Corporation attracted $150 million from SoftBank in a Series B funding round, according to the Wall Street Journal.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1353,1599,1133,1361],"class_list":["post-53828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-metaverses","tag-softbank","tag-venture-investments","tag-virtual-world-innovations"],"aioseo_notices":[],"amp_enabled":true,"views":"59","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53828"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53828\/revisions"}],"predecessor-version":[{"id":53829,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53828\/revisions\/53829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}