Roblox Plans to go Pubilc
Roblox, the Company valued sat $4 Billion, That allows Game Developers to create simple games for users, is now going pubilc affter 13 years!
You read the title and subtitle right! Roblox, the Mutli-Billion Doller Gaming and Devlompent Service led by David Baszuki or Builderman on Roblox is planning to go pubilc. Roblox has announced today that they have filed for an IPO valued at $4 billion dollers. Robox plans to allow investors to invest in roblox future.
If you don’t know what Roblox is well then, Roblox is a gaming platform which allows users to play a wide array of video games built for pc, mobile and xbox. Roblox also allows users to create games and buy comsetsics with it’s in game curreny Robux.
Roblox has funded over $300 Million dollers privty in 8 rounds, the most recent being in Jananury of this year rasing over $150 million. Roblox has been privte ever since it laucnhed in 2004, slowly rasing rounds to make up money. Yet, You might be wondering! How is roblox make money?
Roblox has rasied more rounds by selling merch, toys and goodies on their website and using 3rd-party affilates such as amazon and walmart from puplar games on the website such as jailbreak. Roblox has always made funds by selling Foremly Builder pro, a paid montly suprisotion which allowed users to get R$100 Daily (tobux) and many other perks, and sellinf robux it’s main in game currency.
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