Business News Report
January 11, 2023

Roblox might join Meta Quest by the end of 2023

In Brief

Roblox VR port might expand to Meta Quest in late 2023.

If rumors are true, the collaboration could be a major win for both, Meta and Roblox.

Roblox might join Meta Quest by the end of 2023

The popular gamified metaverse, Roblox, might join Meta to expand in VR. According to the Command Line newsletter by Verge, Roblox plans to arrive on Meta Quest in late 2023.

In 2021, Roblox CEO Dave Baszucki said that Meta (also Switch and PlayStation) makes “perfect sense for Roblox,” depicting the platform’s deep interest in virtual reality. 

In addition, both companies suffered financial losses last year: Roblox had a Q3 2022 loss of $297.8 million, and its shares fell by around 13%. Meanwhile, in the same quarter, Meta’s net income slumped by 50%, and its metaverse division, Reality Labs, reported a $3.67 billion loss. Roblox joining Meta Quest could help the companies recover, in a way, and attract more audiences.

Roblox already works with other VR headsets, including HTC Vive, Valve Index, and Oculus Rift. To play on the platform with VR, gamers have to connect their PC to a headset. Users can also access Roblox through Xbox Series and mobile devices.

Besides the new Meta Quest Pro headset that rolled out several months ago, Meta is planning to launch the follow-up consumer-grade headset for Quest 2 later this year. Roblox may choose to come to Meta Quest at a similar time.

Roblox is currently completing the Creator Hub, a new hub that provides developers with additional tools and centralizes the creator dashboard, documentation, forums, marketplace, and Talent Hub into one place. 

One of the latest partnerships for Roblox has been with the fast-fashion brand H&M. The 3D immersive “Loooptopia Experience” by H&M allows players to try on different clothing, create virtual wearables for their avatars, play games, explore locations, and more.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Crypto Exchange Bitstamp Announces Full Accessibility Of Assets For Mt. Gox Creditors And Unveils Separate Plan For UK Customers
Markets News Report Technology
Crypto Exchange Bitstamp Announces Full Accessibility Of Assets For Mt. Gox Creditors And Unveils Separate Plan For UK Customers
July 26, 2024
Cosmos Hub Proposes 1M ATOM Allocation To Hydro For Enhanced Liquidity 
News Report Technology
Cosmos Hub Proposes 1M ATOM Allocation To Hydro For Enhanced Liquidity 
July 26, 2024
The $231 Million Week: How Six Groundbreaking Deals Are Forging the Future of Crypto, Gaming, and AI”
Digest Top Lists Business Lifestyle Markets Software Technology
The $231 Million Week: How Six Groundbreaking Deals Are Forging the Future of Crypto, Gaming, and AI”
July 26, 2024
Sanctum Unveils stepSOL And Prepares To Roll Out STEP-Incentivized Pools
News Report Technology
Sanctum Unveils stepSOL And Prepares To Roll Out STEP-Incentivized Pools
July 26, 2024