Roblox takes down China app, says building another version
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UPDATE: Roblox (RBLX) Stock Plunges 7% on China App Removal, Seen as 'Incremental Unforeseen Headwind
January 7, 2022 11:09 AM EST(Updated - January 7, 2022 3:57 PM EST)
Shares of Roblox (NYSE: RBLX) are down over 6% today after Reuters reported that the video gaming company has removed its Chinese app from app stores.
Roblox said the decision was made as a part of "a number of important transitory actions" as the company works to update its app, launched 5 months ago. The app, called LuoBuLesi, was taken down and... More
Roblox (RBLX) Declines 5%
January 7, 2022 9:35 AM ESTRoblox (NYSE: RBLX) Declines 5%
Earlier Roblox takes down China app, says building another version... More