The partnership, which began in 2019, revolves around a joint venture in which Roblox holds a 51% controlling stake and a Tencent affiliate called Songhua owns a 49% interest.

Besides, with a powerful partner like Sony Music on its side, Roblox should easily retain its leadership position – in the metaverse, yes, but in the real world too.

Besides, with a powerful partner like Sony Music on its side, Roblox should easily retain its leadership position – in the metaverse, yes, but in the real world too.

Roblox will own 51% of the joint venture. Roblox and Tencent are working on the necessary regulation to publish the game in the country with no timetable set.

Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million in Series G funding, led by Andreessen Horowitz’s late-stage ...

User-generated game platform Roblox publicly disclosed its filing to go public on the U.S. stock market.