For startups in the virtual reality sector, Chinese media and tech companies have been one of their biggest sources of capital lately. But that reality may soon change.
Disappointing sales of VR headsets in the U.S. and the possibility of new Chinese government restrictions on foreign investments may cause these Chinese investors to pull back from the VR sector, executives say. That could force startups to look for other Chinese companies, such as retailers, that might be interested in backing VR or find another source of funding entirely.
