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
Video gaming
Tech /  Tech Trends

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

Josh Ye
Josh Ye

Updated: 3:55am, 22 Apr, 2021

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