Roblox (NYSE: RBLX), developer and operator of an online entertainment platform with a mission to bring the world together through play, was featured in this week’s Simply Wall St Journal in a publication titled, “Roblox – The new kid on the blox.” Based on feedback on its recent coverage of Bumble Inc. (NASDAQ: BMBL) following the company’s IPO, Simply Wall St learned that “some investors enjoyed learning the ins-and-outs of a business model in an industry that they otherwise would not have usually considered (i.e. dating apps).” With that in mind, Simply Wall St provided more of the same this week in its coverage of Roblox, another company that just went public and leverages an interesting business model within an up-and-coming sector. The piece reads, “It operates in the gaming industry, but not like most other players. Rather than a vertical Studio-to-Consumer model like Electronic Arts Inc (NASDAQ: EA) or Activision Blizzard Inc. (NASDAQ: ATVI), the company has a horizontal platform model where it connects game creators directly with consumers. It’s easier to scale than traditional models and has platform dynamics that fuel its growth.”
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About Roblox Corporation
Roblox’s mission is to bring the world together through play. Roblox enables anyone to imagine, create and have fun with friends as they explore millions of immersive 3D experiences, all built by a global community of developers. For more information about the company, visit www.Corp.Roblox.com.
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