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Roblox to Delay IPO as Affirm Weighs Its Timing

Roblox to Delay IPO as Affirm Weighs Its Timing Bloomberg 12/12/2020 Crystal Tse and Katie Roof © Bloomberg Roblox Corp. website home screen on a smartphone arranged in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Roblox designs and develops online games such as internet three-dimensional and tutorial games. (Bloomberg) Roblox Corp. told employees it would delay its initial public offering until next year as another IPO candidate Affirm Holdings Inc. weighs a similar move, according to people familiar with the matter. Affirm, a provider of installment loans to online shoppers, had been trying to go public this month but its plans could now slip until next year because it’s still working on clearance from the U.S. Securities and Exchange Commission, according to the people, who asked not to be identified because the matter isn’t public.

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