Even though many of its peer tech companies were focused on cutting costs in 2023, Roblox generated $1.2 billion of red ink for the year compared to $900 million in losses in the prior year.

The potential for creativity and imagination in Roblox is practically limitless. It’s part of the reason why the game is so popular.

Every investor in Roblox Corporation (NYSE:RBLX) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 68% ownership ...

Roblox lost $1.35b last year The popular and controversial game has revealed net losses of over $1 billion last year, despite an increase in revenue and bookings.