Bulletin
Investor Alert

The Wall Street Journal

Aug. 19, 2022, 12:57 p.m. EDT

Roblox poaches seasoned Meta executive as it chases growth in Asia

By Newley Purnell, and Sarah E. Needleman

HONG KONG—Roblox Corp. (NYS:RBLX)  has poached a Meta Platforms Inc. (NAS:META) executive for the newly created role of Asia-Pacific head of public policy, as the videogame company chases growth in the region.

Steve Park, the longtime government relations head for South Korea and Japan at Facebook’s parent company, will join Roblox next week, a spokeswoman for the San Mateo, Calif.-based company said.

Mr. Park has been at Meta for more than eight years and in a previous position worked on the company’s  Oculus virtual-reality business , according to his LinkedIn profile.

Mr. Park declined to comment on his appointment, referring queries to the Roblox spokeswoman.

Roblox is among the highest-profile companies operating  a metaverse-like realm , or a virtual place where people play and make transactions. Its online platform—which works on mobile devices, desktop computers and consoles such as Microsoft Corp. (NAS:MSFT) ’s Xbox—is populated primarily with games set in immersive virtual worlds created by its users.

An expanded version of this story appears on WSJ.com.

Popular stories from WSJ.com:

Link to MarketWatch's Slice.