This move was considered groundbreaking at the time, after all, many people still didn't know what "metaverse" was.

Some people who had just heard about the topic of "metaverse" believed that Xiao Zha was once again at the forefront, actively planning for the future, and would lead the trend among global tech companies.
However, this time, God did not favor the ambitious Xiao Zha.
The metaverse is too elusive, the future too distant, and it has not arrived as expected. The grand vision of the virtual world of "metaverse" that he hoped for has not come true, but instead he has paid a huge price.
Four years have passed, and the "Reality Laboratory" carrying the metaverse business has experienced continuous losses, with total losses exceeding $70 billion. Moreover, core platforms like "Horizon Worlds" have limited user growth.

In other words, the metaverse business has already consumed about half of the company's annual revenue, and over a year of net profit, but with little progress.
What does $62.36 billion mean?
This number exceeds China's A-share market.