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Roblox delayed its filing in order to fine-tune the asking price upward in light of explosive December IPOs by delivery service DoorDash(DASH 0.32%) and lodging rental specialist Airbnb(ABNB 0.53%).
Right now, you don't have much of a choice. You can't buy the IPO of Roblox yet. You can buy Bilibili, and it has been one of this year's hottest stocks, more than quadrupling so far in 2020.
Roblox developers will earn a collective $250 million in revenue this year, more than double the amount earned in 2019.
Roblox, the platform for user-generated games, will go public through a direct listing of its shares on March 10.
Executives at gaming giant Roblox pushed the company's planned IPO back to 2021, as they reportedly sought a higher initial listing price.