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In July 2020, Roblox announced the creation of "Party Place", which functions as an online hangout. The feature was created using new technology that had been used during the 2020 Bloxy Awards and was designed in response to the COVID-19 pandemic. [77] Roblox was granted permission to release in China on December 3, 2020. [78]
The company acquired Loom.ai, a company that creates 3D avatars from photographs, in December 2020. [15] In January 2021, Roblox Corporation announced that it would pursue a direct listing instead of an IPO. [16] The SEC had also requested that Roblox Corporation changes how it reports the sales of its virtual currency, Robux. [17]
MeepCity was the first game on Roblox to pass 1 billion total visits. [70] The game was averaging 100,000 concurrent players in July 2018. [69] The game received criticism throughout 2021 due to the number of online daters inside the game and inappropriate clothing and actions found in the party feature. This caused the game to be placed as ...
Beyond improving the avatar experience, Roblox also announced plans to introduce limited edition items, an interesting new way for people to make money (in the form of Robux, which can be traded ...
Roblox raised an additional $150 million in Series G funding, led by Andreessen Horowitz’s late-stage venture fund, just before the COVID-19 health crisis hit the U.S., valuing the business at ...
— Roblox (@Roblox) October 14, 2021 In addition to the experimental avatar features, Roblox has announced that it's giving creators a new way to earn money, as well.
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