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Roblox CEO: 'We're being very, very careful in China'

September 29, 2023
Source: ca.finance.yahoo.com ca.finance.yahoo.com
News Snapshot:
Roblox's (RBLX) approach to China is characterized by some optimism and an abundance of caution. The US online gaming company in 2019 announced a strategic partnership with China-based tech giant Tencent (TCEHY), though Roblox paused service in China in 2022. "We're being very, very careful in China," Roblox CEO David Baszucki said in a session at the 2023 Code Conference in Dana Point, California. "The dynamics in China right now have gotten to the point where, rather than envisioning a fully connected-type network, you have to imagine an autonomous network. In a sense, we're modernizing our infrastructure to the point...
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