Roblox operates a virtual platform where users can learn, work, play, and socialize. The platform is built around a community of developers and creators who use Roblox Studio, a user-friendly design tool, to create engaging multiplayer experiences. It primarily targets audiences under the age of 18, making it one of the leading entertainment platforms for this age group, as shown by its high monthly visits and user engagement. Unlike many other platforms, Roblox focuses on user-generated content, allowing millions of new users to join each month, often through recommendations from friends. The company generates revenue through in-platform purchases and subscriptions, creating a thriving ecosystem for both users and creators.

Altos Ventures

First Round Capital

Meritech Capital

Tiger Global

Greylock Partners

Index Ventures

Prime Capital Investment Advisors

Andreessen Horowitz

Temasek

Tencent

Dragoneer Investment Group

Warner Music Group

Altimeter Capital

Investment Group of Santa Barbara

Consumer Software

Entertainment

Gaming

Roblox

MapleStory Worlds is Nexon's bid to compete with Roblox, offering a platform where players can create and monetize their own games.

MapleStory Worlds Now Available on PC and Mobile in Americas and Europe

Roblox offers path to monetization at 1 Billion Followers Summit.

Roblox offers path to Monetization at 1 Billion Followers Summit

Friedenthal Financial makes new investment in Roblox Co. (NYSE:RBLX).

Friedenthal Financial Makes New Investment in Roblox Co. (NYSE:RBLX)

In games, Nordicity Group were honoured to partner with Roblox this year on the first-ever economic impact assessment that looked at how the platform contributes to careers in various corners of the USA.

2024: A Year of Connection & Collaboration

The stock market offers a snapshot, at any given time, of investor sentiment, which is driven by the fundamentals of companies, sectors and the economy as a whole. The read across from the proprietary CE 100 Index, which exists as a microcosm of innovation, where companies are helping blur the lines between the physical and digital realms, shows that the momentum of the connected economy has the wind at its back. PYMNTS Intelligence studies, from connected economy monthly reports to “How the World Does Digital,” and deep dives into consumer and business shifts, have shown that engagement with digital activities has been on a steady rise.We’re just a few days into January, so the time is right to take stock of where we’ve been and where we’re headed, not just in terms of stock performance, but for the connected economy as a whole

Ce 100 Index’S Strong 2024 Reflects The Connected Economy’S Momentum

A look at what the DoSomething Quest recycling challenge looks like in Robot World game. Screen captures from the Robot World game By stepping into the gaming space, we're meeting today's youth where they already are to equip them to take action on real-world issues while having fun.”— DeNora GetachewNEW YORK, NY, UNITED STATES, December 17, 2024 /EINPresswire.com/ -- DoSomething, the youth-centered nonprofit for impact and service, is thrilled to announce a new collaboration with Filament Games - industry leader in educational game development. This collaboration marks an exciting and bold step for DoSomething as it enters the gaming world to engage a new generation of young people in impact through play. The partnership comes by way of shared connector Niagara Cares, the charitable division of Niagara Bottling, LLC, and it combines the power of gaming with DoSomething's mission to fuel young people to change the world. CEO of DoSomething, DeNora Getachew, explains how the collaboration emerged: "So many young people are passionate about issues like the climate crisis and environmental responsibility. With nearly 40% of Roblox gamers between the ages of 13-25, collaborating with Filament to bring social impact to the gaming space is a no brainer," she says

Dosomething Enters The Gaming World With Filament Games To Inspire Young People To Tackle Recycling Challenges

"Roblox," an online gaming platform and game-building system from 2006, has seen a recent resurgence in popularity despite its age and is competing with "Minecraft" and "Fortnite" as one of the most played online games of 2024.

Blocks vs. "Blox"

Whale Rock Capital Management LLC invests $107.49 million in Roblox Co. (NYSE:RBLX).

Whale Rock Capital Management LLC Invests $107.49 Million in Roblox Co. (NYSE:RBLX)

Townsquare Capital LLC makes new investment in Roblox Co. (NYSE:RBLX).

Townsquare Capital LLC Makes New Investment in Roblox Co. (NYSE:RBLX)

Roblox has begun offering users a new, and apparently permanent deal on its in-game currency. Users who purchase Robux on the web and through gift cards will get 25% more from the youth-focused video game and metaverse company than if they purchased from an app store instead. That’s according to a Wednesday (Nov. 27) report by TechCrunch, which notes that the company is essentially encouraging users to avoid the in-app purchase fees Apple and Google charge

Roblox Offers Users 25% More Currency To Skip App Stores

Virtual platform for user-generated experiences

Roblox

Virtual platform for user-generated experiences

Roblox

Virtual platform for user-generated experiences

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