Bulletin
Investor Alert

The Wall Street Journal Archives | Email alerts

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

Roblox poaches seasoned Meta executive as it chases growth in Asia

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Roblox Corp. (RBLX)
  • X
    Meta Platforms Inc. (META)
  • X
    Microsoft Corp. (MSFT)

or Cancel Already have a watchlist? Log In

By Newley Purnell, and Sarah E. Needleman

HONG KONG—Roblox Corp. /zigman2/quotes/223883423/composite RBLX -1.75%  has poached a Meta Platforms Inc. /zigman2/quotes/205064656/composite META -0.26% 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. /zigman2/quotes/207732364/composite MSFT -1.00% ’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:

/zigman2/quotes/223883423/composite
US : U.S.: NYSE
$ 39.96
-0.71 -1.75%
Volume: 8.02M
Dec. 6, 2023 4:01p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$25.37 billion
Rev. per Employee
$1.24M
loading...
/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 317.45
-0.84 -0.26%
Volume: 11.28M
Dec. 6, 2023 4:00p
P/E Ratio
28.02
Dividend Yield
N/A
Market Cap
$817.96 billion
Rev. per Employee
$1.47M
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 368.80
-3.72 -1.00%
Volume: 21.16M
Dec. 6, 2023 4:00p
P/E Ratio
35.72
Dividend Yield
0.81%
Market Cap
$2768.67 billion
Rev. per Employee
$987,828
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.