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…

Thierry Heles

Thierry Heles is the former editor-at-large of Global University Venturing and Global Corporate Venturing, and was the producer and host of the Beyond the Breakthrough podcast until December 2024.