Game Makers Turn Roblox Into a Billion-Dollar Company

Roblox, a gaming platform aimed at children, has demonstrated that the video game boom is still going strong a year into the pandemic. Shares of the popular video game platform that went public surged nearly 55% to $69.50. This surge boosted the company’s value to $45 billion, reportedly from $4 billion just more than a year ago. Furthermore, the company generates almost all of its revenue from the sale of its Robux currency that users can use to purchase in-game virtual objects. So what other factors contributed to Roblox becoming a $45 billion public video game company? Watch this video to learn more.

The post Game Makers Turn Roblox Into a Billion-Dollar Company appeared first on AITS CAI’s Accelerating IT Success.

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