A damning new report concerning mega metaverse Roblox claims the company has been “lying to investors, regulators, and advertisers,” specifically about the number of active users and the presence of ...
Hindenburg Research has found that Roblox, an online gaming platform that allows users to create and play games created by others, over-reports the number of users on the platform by 25% to 42%.
UPDATE 9/10/24: Roblox has responded at length to yesterday's report by Hindenberg Research that alleges the platform has not been transparent with shareholders over its user activity metrics, and ...
TL;DR: Roblox was initially released in 2006, offering younger gamers a platform to freely create and share new experiences. The service boasts hundreds of millions of active monthly users, though ...
The majority of Roblox's revenue comes from a particularly discretionary source: the entertainment of non-earning and dependent children. Despite outsourcing content production, imposing substantial ...
Roblox reported March metrics generally grew in the 26% range. The mobile immersive platform is back in massive growth mode while the rest of the world faces a potential recession. The stock is fairly ...