PICO (PICO Immersive) was founded in March 2015.
PICO is a leading VR company with independent innovation and R&D capabilities, focusing on VR all-in-one technology.
In a strategic move that underscored its obligation to VR, ByteDance acquired PICO in August 2021 for a staggering 9 billion yuan.
In a much-anticipated decision, the U.S. Supreme Court upheld the Protecting Americans from Foreign Adversary Controlled Applications Act, signed into law on April 24, 2024, requiring ByteDance, the TikTok app's Chinese parent company, to divest its interest in TikTok by Jan. 19, 2025, or face a nationwide ban.
