Roblox - Digital Gaming Specialist Impresses with Successful Monetization Strategy!
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Business drivers: Roblox (RBLX) is an online platform for virtual gaming worlds where users can create, share, and play their own games. The company combines gaming with social networking and targets primarily a young audience. Developers benefit from an integrated monetization model that allows them to generate revenue through virtual currencies. Recently, Roblox has come under pressure due to allegations that it does not adequately protect underage users on the platform. Analysts at Wedbush Securities reaffirmed their rating of Outperform...
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