Reported 2 days ago
Roblox CEO Dave Baszucki is determined to capture 10% of the $190 billion gaming market as the platform experiences growth among older users, boosted by new content. Recently, Roblox reported a 29% year-over-year revenue increase to $1.03 billion and a rise in daily active users by 26% to 97.8 million. Analysts remain optimistic, with many rating the company's stock as a strong buy, reflecting confidence in its future profitability and market share expansion.
Source: YAHOO