ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

News

Roblox cleared to launch in China

Roblox cleared to launch in China

Games platform Roblox has been given the green light to roll out in China.

That's according to South China Morning Post, which reports that the firm has landed the two licenses from the government needed to operate in the region. Roblox has partnered with tech and entertainment giant Tencent to launch in China.

The platform has been cleared to be released on both PC and mobile, but no release date has been set.

In 2019, Roblox and Tencent announced they were teaming up for an educational partnership in China.

Roblox recently filed to go public in the United States, filing its S1 with the country's Securities and Exchanges Commission last month. The firm hopes to raise $1bn from its IPO. At the start of 2020, Roblox was valued at a whopping $4bn in its latest funding round.

The company also boasts 150m monthly active users as of July, an increase on the 115m that it revealed in February. This is likely driven in part by the COVID-19 coronavirus pandemic.

No doubt launching in China is part of Roblox's growth strategy in the wake of going public.


Tags:
PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies