Roblox is so successful that its parent company is considering going public

Roblox is an interesting game. Despite the memes, internet criticisms, and the constant unfair comparisons to Minecraft (those ii games are completely different), Roblox continues to be an inarguable success amidst children, owing to its wide variety of mini-games, game modes, and more. This success, and the growing value of the video games market as a whole during contempo months, has led Roblox Corporation to consider going public and entering the stock market, according to a report from Reuters.

This would exist a major move for Roblox's parent company, which secured a farther $150 one thousand thousand in investments subsequently its last valuation at approximately $iv billion, already making it a large visitor. According to the study, Roblox boasted of over 115 million monthly active users and ane.5 billion hours spent in-game every month, impressive numbers that brainstorm to rival even those of Minecraft.

Roblox Corporation is considering multiple options for going public, and is expected to make a final decision former in early on 2022. The company reportedly believes that the move could as much equally double its estimated valuation, which could mean big things for the growth of the visitor every bit a whole.

What do you call up almost this move? If Roblox Corporation went public, would you invest in their stocks? Allow the states know in the comments below!

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