Roblox Preparing to go Public

Roblox RoBeats Coins According to the research data analyzed and published by Roblox is preparing to list on the US stock market at a valuation of $8 billion. In February 2020 the gaming giant raised $150 million during a Series G funding round led by Andreessen Horowitz.

“We are creating a new team within Roblox led by Imbellus’ visionary founder Rebecca Kantar to build a system on Roblox for fair and objective assessments that will help us broaden our sources of potential talent from more diverse backgrounds,” a Roblox spokesman said in an emailed statement.

According to internal sources speaking to Reuters Roblox Corp. is weighing up whether to go public via a traditional initial public offering (IPO) or via a comparatively rate direct listing where no new shares are issued and current ownership stakes are undiluted. Previous investors in the San Mateo-headquartered company include Index Ventures Altos Ventures Temasek Holdings Greylock Partners and Tencent Holdings. Roblox has declined to comment with the plans purportedly subject to market conditions.

Direct listings are relatively rare. Workplace software maker Asana Inc and data analytics company Palantir Roblox RoBeats Stars Technologies on Wednesday became only the third and fourth companies to go public on the New York Stock Exchange through a direct listing.

The Roblox app hit $1.5 billion in lifetime revenue in June 2020. App Annie revealed that in Q2 2020 it ranked second in global consumer spend. In Q3 2020 it ranks it as the 4th highest grossing game globally on both the App Store and Play Store. is the best place for purchasing Roblox RoBeats Money special price 100% safe no hack no cheats will happen real sellers real stocks! Shop now!