Roblox Corp. Eyeing 1 Billion Daily Players

David Wolinsky
8/9/2023

Roblox's recent financial report, for the quarter ending on June 30, highlights a continued pattern of revenue growth coupled with increased net losses. The report also brings attention to a 25% year-over-year rise in daily active users (DAUs), reaching 65.5 million, a step closer to the goal of 1 billion daily players."Given the geographic and age diversity of our user base, along with investments in our product, we are confident that we are building a platform that could, over time, grow to support one billion DAUs," the company said in a shareholder letter accompanying the earnings.However, user conversion remains a challenge, as the average bookings per DAU dipped by 3% to $11.92, marking the seventh decline in this metric out of the last eight quarters.Continue Reading at GameSpot...

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