Roblox Corporation declared in January 2021 that it would opt for a direct listing over an IPO. Additionally, the SEC has asked Roblox to alter the way it discloses the sales of its virtual currency, Robux. A“series H” round of fundraising, led by Altimeter Capital and Dragoneer Investment...
Gaming has evolved from a niche hobby to a mainstream cultural force, influencing movies,TV shows, and even daily life. With the release of the first part ofAmazon's Secret Level, gamers and TV enthusiasts alike are witnessing a unique crossover that blurs the lines between gaming and tradit...
The group also accuses the company of misleading parents into spending thousands of dollars on the site due to obscured prices and children's ability to make in-game purchases using fictional "Robux". "Parents who would never let their kids use TikTok don’t think twice about letting them ...
the Italian luxury giant had initially sold the digital bags for just 475 “Robux” (equivalent to under $6) each, with the astronomical prices only later achieved on the re-sale market.
Though Roblox is free for players to use and is home to massive amounts of free content and gameplay, it also contains many games and features that are only available at a premium. The in-game currency is referred to as Robux and they can be acquired in several different ways. The most...