However, in January, the company raised funds from private capital which gave it a valuation of just under US$30bn and re-filed its documents with the exchange to target a direct listing instead. Overnight, the company, which derives most of its revenues from in-game purchases and subscription premium services, said it had pushed back its direct listing on the NYSE to March from February, having originally filed plans for a US$1bn initial public offering (IPO) back in November. Roblox Corp, an online platform that allows users to create and play video games, could be the next company on Reddit’s ‘meme stock’ list when it floats on the New York Stock Exchange (NYSE) next month. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Proactive will on occasion use automation and software tools, including generative AI. The team also has access to and use technologies to assist and enhance workflows. Our human content creators are equipped with many decades of valuable expertise and experience. Proactive has always been a forward looking and enthusiastic technology adopter. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. This is content that excites and engages motivated private investors. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience.

Following this, Calum joined Proactive in February 2018. He was also the lead writer for a boutique travel startup. After brief stints in corporate insurance brokerage in Hong Kong and as a financial consultant associate in London, he joined a video game news site as a voluntary contributor. Calum graduated from the London School of Economics with an LLB (Hons) degree in Law in 2015.

Roblox ipo delayed