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Overview Roblox has built-in parental controls to enhance online safety.Parents can restrict chat, control spending, and set ...
At its core, Roblox functions like a hybrid of gaming and social media, which makes it both appealing and risky.
Roblox forecast annual bookings, generated from in-game purchases of virtual currency "Robux", between $4.14 billion and $4.28 billion, above the estimate of $4.03 billion, according to LSEG data.
Roblox makes its revenues from Robux currency which can be purchased online, through the app, and in retail stores as physical Roblox cards.
A Roblox player spent over $8,000 changing their username. The player renamed their account 802 times, revealing unusual spending habits.
We like Roblox’s business model and metaverse-like platform, but we don’t see the company growing meaningfully in the near term amid weakened consumer spending. Read more here.
Roblox said estimated bookings - its way of monitoring revenue from its Robux currency - rose by up to 20% in December.
Roblox forecast annual bookings, generated from in-game purchases of virtual currency "Robux", between $4.14 billion and $4.28 billion, above the estimate of $4.03 billion, according to LSEG data.