NEW YORK: United States gaming platform Roblox Corp has put off its planned initial public offering (IPO) until next year as it works with advisers to improve the process to benefit employees and investors, the company told employees in a memo seen by Reuters.
“We’ve seen companies take innovative approaches to creating a more market-based relationship between investors and companies, ” Roblox chief executive David Baszucki said in the memo, dated Friday.
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