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Fact check: Tencent already has majority (could be wrong) shares in roblox, just as it does hundreds of games.
1. Summary of the results
The original statement is incorrect regarding Tencent's ownership of Roblox. Multiple sources confirm that Tencent does NOT have majority shares in Roblox [1] [2]. Instead, there is a specific joint venture arrangement where:
- Tencent holds a 49% stake in Roblox's Chinese subsidiary [1] [3]
- Roblox maintains a 51% controlling stake in this venture [1] [3]
- The majority of Roblox stock is owned by its founders, David and Gregory Baszucki, who collectively hold a 4.9% stake [1] [1]
2. Missing context/alternative viewpoints
The original statement overlooks several important aspects:
- The relationship between Tencent and Roblox is actually a strategic partnership rather than an ownership situation [3]
- Roblox has publicly confirmed it has no ownership or equity stake with Tencent in the main company [2]
- While Tencent does have extensive gaming investments, as suggested in the original statement, Roblox is notably not part of their general gaming portfolio [4] [5]
3. Potential misinformation/bias in the original statement
The statement contains several problematic assumptions:
- It conflates a joint venture in China with overall company ownership [6]
- It incorrectly suggests that Tencent's gaming investments automatically translate to majority ownership
- The misconception could benefit:
- Those seeking to create concerns about Chinese ownership of Western gaming companies
- Competitors who might benefit from uncertainty about Roblox's independence
- Market speculators who could profit from stock price fluctuations based on ownership rumors
The reality is that while Tencent has a significant partnership with Roblox in China, this is fundamentally different from having majority ownership of the company itself [6] [3].