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Roblox videogame platform plans to go public via direct listing next month after twice delaying its IPO
7 days ago - By Business Insider
David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California.
Ian Tuttle/Getty Images
Roblox said it plans to go public through a direct listing next month, according to a filing from the company. Roblox is a video game platform that was most recently valuated at $29.5 billion last month. The firm had previously planned to go public via a traditional IPO late last year, but delayed the public debut following the volatile opening trades in several IPOs like DoorDash and Airbnb. Sign up here for our daily newsletter, 10...
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