Roblox Corporation (Gaming Company)
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Company Basic Insights - Roblox Gaming Company
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Founder(s)
- David Baszucki
- Erik Cassel
CEO (Chief Executive Officer)
- David Baszucki
Launch Date
- September 2006
Roblox Country of Origin / Headquarters
- USA
Is Roblox publicly traded?
- Not yet, as of 30 Nov. 2020. But due to the explosion in the number of users and revenue caused by Corona Virus pandemic situation all over the world, they’ve been trying to go public before the end of 2020.
- Roblox was first released in 2006, but has never seen a year like 2020. Daily active users almost doubled in the period ended September to 36.2 million. A metric the company calls “hours engaged” more than doubled to 8.7 billion.
Roblox IPO
- Roblox filed for IPO on 19 November 2020. The company disclosed the IPO news on October 2020.
Roblox IPO valuation
- Roblox IPO filing valuation is around $8 billion. Its growth rate has made it a hot stock in the market.
Roblox IPO price
- Roblox stock price on the IPO day in New York Stock Exchange was $… USD per share.
Stock
- NYSE: RBLX
Mantra/Slogan
- Roblox is a global platform that brings people together through play.
Website URL
Mobile App URLs
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What is Roblox? How does Roblox make money?
- Roblox is an online game platform and game creation system that allows users to program games and play games created by other users. The platform hosts user-created games of multiple genres coded in the programming language Lua. Roblox began to grow rapidly in the second half of the 2010s, and this growth has been accentuated by the COVID-19 pandemic. The main headquarters are located in San Mateo, California.
- The first couple hundred builders of Roblox were all developers, investors, testers, and friends of the founders. It’s hard to say who the first player of Roblox was since some of those early accounts are still active.
- To date, there are over 100 million monthly active users, making it one of the most popular game development suites ever. A quick overview of the official website explains that 28 billion hours have been played since 2008 with 1.2 billion total engagement hours each month and a peak of 2.7 million concurrent users.
- Roblox runs a cloud-based platform for creating and playing casual games featuring 3D virtual worlds, as well as for creating virtual items that can be used within these games. The games, many of which are developed with kids in mind, can be played on PCs, iOS/Android devices and Xboxes.
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Use Cases for Roblox Business Research
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