The Roblox gaming platform has exploded in popularity during the pandemic, and Tencent has the rights to the game in China through a joint venture. So rival ByteDance has boosted its investment in Reworld, a similar platform in China. Photo: AFP
The Roblox gaming platform has exploded in popularity during the pandemic, and Tencent has the rights to the game in China through a joint venture. So rival ByteDance has boosted its investment in Reworld, a similar platform in China. Photo: AFP

TikTok owner ByteDance boosts investment in Roblox-like video game platform in race with Tencent to create the metaverse

  • ByteDance put another US$15 million into Chinese Roblox competitor Reworld, with its own platform for making and playing games
  • Tencent has the rights to Roblox in China through a joint venture, which was licensed in December to release the platform on the mainland

The Roblox gaming platform has exploded in popularity during the pandemic, and Tencent has the rights to the game in China through a joint venture. So rival ByteDance has boosted its investment in Reworld, a similar platform in China. Photo: AFP
The Roblox gaming platform has exploded in popularity during the pandemic, and Tencent has the rights to the game in China through a joint venture. So rival ByteDance has boosted its investment in Reworld, a similar platform in China. Photo: AFP
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