KEY POINTS
  • Roblox is working with investment banks to prepare for a U.S. stock market listing that could come early next year.
  • The online gaming platform expects could double its recent $4 billion valuation, people familiar with the matter said.
  • Roblox is weighing whether to go public through a traditional initial public offering or a direct listing.
Online gaming service Roblox.

Roblox is working with investment banks to prepare for a U.S. stock market listing that could come early next year and which the online gaming platform expects could double its recent $4 billion valuation, people familiar with the matter said.

U.S. demand for video games has surged as consumers seek home entertainment while living under lockdown measures to curb the spread of the novel coronavirus.