Roblox Corp’s value increased its market value by over 700% in 2020.
Maybe you don’t know, I hope this unique video game is causing a sensation among the little ones and it is also a phenomenon in social networks. Roblox is a monster that has grown tremendously in recent years, after a successful $ 500 million fundraising round, Roblox Corp, now has an estimated value of $ 29.5 billion. This represents a stock market increase of 700% in just 11 months of capitalization.
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Currently, Roblox Corp has investors such as Dragoneer Investment Group, Altimeter Capital, and Warner Music Group, who see a bright future in the business.
“Roblox is a global platform in which millions of people come together every day to imagine, create and share experiences in immersive and user-generated 3D worlds. The genres of games are as limitless as the imagination of the creators themselves. “