Tencent-backed online gaming platform developer Roblox is in talks over an IPO or direct listing at a valuation of up to $8bn.
Roblox, a US-based online immersive gaming platform backed by internet group Tencent, is looking to go public at an expected valuation of up to $8bn, people familiar with the matter have told Reuters.
The company is in discussions with investment banks about whether to seek an initial public offering or opt for a direct listing.
Founded in 2004 as DynaBlocks, Roblox operates an online platform that allows users to create games that can be shared with and played by other…