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(Reuters) -Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
Roblox occasionally hosts real-life and virtual events. They have in the past hosted events such as BloxCon, which was a convention for ordinary players on the platform. [46] Roblox operates annual Easter egg hunts [52] and also hosts an annual event called the "Bloxy Awards", an awards ceremony that also functions as a fundraiser. The 2020 ...
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Roblox Corp (NYSE:RBLX) stock picked up after it reported fiscal third-quarter 2024 bookings growth of 34% year-on-year to $1.13 billion, beating the analyst consensus estimate of $1.02 billion.
Roblox's outgoing finance chief, Michael Guthrie, attributes the growth in DAUs and rise in the number of older users to improvements in the company's searc Roblox lifts annual bookings forecast ...
As the primary user base of Adopt Me! is on average younger than the rest of Roblox, they are especially susceptible to falling for scams. [ 7 ] [ 8 ] Uplift Games , the studio behind the game, has accumulated over $16 million in revenue, mostly from microtransactions ; [ 9 ] [ 10 ] the game was the highest profiting game on the platform in the ...
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Roblox bookings rose 34% last quarter and raised the upper end of its full-year guidance as the online gaming platform improved discovery tools for users.