Game creation platform developer Roblox has filed for a $1bn offering that will come after $500m in funding from investors including Tencent.
Roblox Corporation, a US-based video game development platform that counts internet group Tencent as an investor, filed yesterday to raise up to $1bn in an initial public offering.
Founded in 2004, Roblox runs an online game creation system with about 36 million daily active users who can develop their own 3D games and share them with others. Reuters reported earlier this year it was looking to achieve an $8bn valuation in the offering.
The company increased revenue 68% to…
