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Tencent and Roblox have revealed a new strategic partnership

China’s leading tech firm Tencent Holdings has partnered with Roblox, a California-based video game firm reportedly worth US$2.5bn, to deliver Roblox’s offering in China as well as set up a joint venture (JV) focused on coding and video game development.

Roblox has been expanding its online experience in the region, with the new agreement looking to accelerate the process further.

The JV will offer educational resources and courses based upon coding fundamentals, game design, digital citizenship and entrepreneurial skills, according to Roblox’s press release.

roblox

As part of this initiative, a scholarship fund will sponsor 15 young creators in China to attend week-long creator camps at Stanford University.

“I’m extremely excited to partner with Roblox,” said Steven Ma, Senior Vice President of Tencent, in Roblox’s press release.

“We believe technological advancement will help Chinese students learn by fueling their creativity and imagination. Our partnership with Roblox provides an engaging way to reach children of all ages across China to develop skills like coding, design and entrepreneurship.”

Roblox and Tencent have announced a scholarship fund that will see 15 young creators in China attending a week’s creator camp at Stanford University.

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