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A new report alleges that Roblox has been lying regarding its active number of unique players and hours spent in the game.
Next week, it will be hosting hundreds of attendees at its fifth Roblox Developer Conference. Per the new numbers, around 40% of Roblox users are female, with players spread out across 200 countries.
A new report alleges that Roblox has been artificially inflating its player count numbers. This follows after Roblox self-reported major financial losses despite alleged player growth.
Roblox shares were priced at $45. They closed the first day of trading up 54.4%. Since then, they’ve lost 20% of their value, but not before hitting an all-time high of $141.60 in November.
Roblox stock has been hit hard, as have most technology stocks. But the company’s financials are holding up well. Here's a quick run through of the financials of this unique gaming mainstay.
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Roblox is accused of lying to investors about the number of daily users on the platform, with a report from Hindenburg Research claiming it’s much lower.
Roblox stock jumped after the company raised its annual outlook, following a quarter where daily user count and hours played surged. Shares rose around 19% in morning trading, topping $51. The ...
Vietnam, in particular, is allegedly responsible for a "significant" inflation of user numbers and engagement, according to a former Roblox data scientist who spoke to Hindenburg Research.
The popular online gaming platform Roblox is under increasing legal scrutiny, with lawsuits in Georgia and across the country accusing the company of failing to protect young players from online ...
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