Taobao, an e-commerce platform owned by Alibabais undergoing final tests before launching its first metaverse live streaming product, according to a report by Chinese news outlet DSB on December 26. If all goes well, the project is expected to go online during the upcoming New Year’s shopping festival.

Since the beginning of the year, Taobao has released metaverse-related products many times. During the Double 11 Shopping Festival last month, Taobao and Diantao, another AlibabaLive streaming e-commerce applications, jointly built a virtual space called TaoLive City. In this virtual space there are shopping streets and advertising screens. Users can directly enter this new virtual world with a virtual avatar, go shopping, raffle prizes and interact with…