phoenix international corporation roblox

The recent sell-off in high-growth stocks, including Roblox, provides an attractive entry point for investors with a long-term investment horizon. There is also reason to believe that its partnership with Tencent in the Chinese market will bear fruit over time. remains the company’s single-largest revenue generator, Asia has quickly become its fastest growth driver. Roblox has been pioneering metaverse technology and has changed a generation of young people’s perception of virtual worlds. They envisioned that player-created virtual worlds (rephrased today as “metaverse”) would become social networks and a key part of our life. The company was co-founded by David Baszucki and Erik Cassel in 2004. It allows users to program games and play games created by other users. Roblox runs the well-known online game platform and game creation system Roblox. Max also discussed his high-level thesis on investment in the “metaverse” sector. Max Hu of ZZ Capital international presented his investment thesis on Roblox (US: RBLX) at Asian Investing Summit 2022.

Phoenix international corporation roblox