The company's revenues exceeded $ 25 billion
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The company’s revenues exceeded $ 25 billion

According to the statement made by Roblox offered to the public, the company; mobile app markets Google Play and App Sto

According to the statement made by Roblox, which was offered to the public, the company; mobile application markets announced that they reached $ 2.5 billion in revenue in Google Play and App Store. He stated that $ 1.2 billion of this figure belongs to the year 2020.

The company generating 65% of its revenue from players in the United States; It derives all of its revenue from the in-game digital currency called Robux. Roblox; It has been traded on the New York Stock Exchange since March 10. While the unit price of the share was $ 45 at the opening, it saw $ 69.50 at the closing of the stock market. The company showing a 55 percent increase; surpassed gaming giant EA Games in rising percentage.

David Baszucki, CEO of Roblox, said: “For us, direct listing seemed the right way to go. Thus, we will bring the whole community together and everyone will use the same price at the trade opening ”

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