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:Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23 per cent to mark their worst day in more than two ...
Roblox is no longer allowing users under the age of 13 to message others outside of games and experiences on the platform.
Roblox's response to the #BoycottTheHatch movement After facing mounting pressure, Roblox initially stated that Teddy shouldn’t have been invited, and they rescinded the Hatch invitation.
Roblox now has approximately 79.5 million daily active users, marking a massive explosion in popularity. So how did this giant shift take place? Where did all of these new players come from?
As long as the Roblox ecosystem remains vibrant with gamers and creators, there's a clear path to profitability, making Roblox well-positioned to reward shareholders.
So is Roblox a no-brainer buy right now? Roblox is still expanding at an impressive rate, but it hasn't proven its business model is sustainable yet.
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