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Online games that immerse players in worlds created by themselves and others have broken records in terms of user numbers and play time.
roblox announced The company released its financial results for the period from January to March of this year on Thursday, reporting that the number of daily active users increased to 77.7 million, which is a 17% increase compared to the same period last year.
The number of hours players spent actively playing games also increased by 15% over the past three months to 16.7 billion hours.Roblox sign up page. Photo credit: Gabby Jones/Bloomberg, Getty Images
Roblox also reported a 13% increase in its monthly average of 15.6 million unique paying customers, noting that the amount each customer paid increased by nearly $20, or $19.68 to be exact, a 6% increase.
Still, the company says it will be a “huge effort” to aim for further growth. return It increased to 20% year over year from the previous quarter.
Related: Teen turned Roblox side hustle into multi-million dollar company – now working with Karlie Kloss and Elton John
“We began experimenting with changes to our AI-driven detection algorithms and the placement of different content types on our homepage,” Roblox founder and CEO David Baszucki said. “We have reintroduced platform-wide events such as The Hunt: First Edition. And we continued to improve the quality and performance of our apps and experiences. ”
roblox stock is 23% decrease It was the worst decline in the past two years after the announcement of financial results.
Related: What my kid’s Roblox addiction taught me about the Metaverse
Roblox has seen impressive growth since its inception in 2006, but what exactly is the platform for those who’ve never played it? And why is it so popular?
What is Roblox?
Roblox is a free 3D gaming platform where users can play games created by other users or play games of their own creation with friends. You can also talk to your friends through chat while playing the game.
The Popular Roblox role-playing games include: Brookhaven RPit takes place in the city, royal higha school-themed game.
roblox went public In 2021.
What is Robax?
Robux is the digital currency used in Roblox. The game is free, but the player can purchase his Robux to upgrade his avatar, unlock special features, and access certain games.
Players can purchase Robux from: roblox website or through gift cards.
$0.99 equal 80 Robux.
Why is Roblox so popular?
roblox was first released Released in September 2006, this game is older than most of its user base.the current December58% of Roblox players are under 16 years old, and 1 in 5 users are under 9 years old.
In the game 13.5 million Number of users as of 2012.
With the rise of YouTube and game streaming, Roblox suddenly became a mainstream YouTuber and streamer in 2017. recorded myself To play a game in front of a large audience.
Due to the pandemic, went further Roblox’s reach, especially its reach to younger audiences.
early roblox game trailer This article from November 2006 shows how far the game has come in 17 years.
How is Roblox going to continue to grow?
of majority 80% of Roblox users are children or teenagers, but the company is working to expand its user base. CNN.
Wall Street analysts told the publication that Roblox needs to show new sources of revenue growth.