Roblox Says Over The Past 12 Months, It Has Paid Over $800M To Creator Community; It Has A Vision To Reach 10% Of Global Gaming Market; "We Will Achieve 10% Of Gaming Content Revenue At ~300M Daily Active Users"
Portfolio Pulse from Benzinga Newsdesk
Roblox has paid over $800 million to its creator community in the past year and aims to capture 10% of the global gaming market. The company envisions achieving 10% of gaming content revenue with approximately 300 million daily active users.
September 06, 2024 | 5:14 pm
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Roblox has paid over $800 million to its creator community in the past year and aims to capture 10% of the global gaming market. The company envisions achieving 10% of gaming content revenue with approximately 300 million daily active users.
Roblox's significant payout to creators and ambitious market share goals indicate strong growth potential. The company's vision to reach 300 million daily active users suggests a strategic focus on expanding its user base and revenue, which is likely to positively impact its stock price.
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