Roblox announces public offering

Roblox Breaking Point Credits Roblox is reportedly preparing to go public on the US stock market early next year.According to sources speaking to CNBC the children's game and creation platform expects to double its most recent valuation from $4 billion to $8 billion.

Roblox does not make its financial records public but industry monitor Sensor Tower estimates that its mobile app made a record $113 million in sales in May.

Roblox hadn't decided whether to make its public-market debut through a traditional initial public offering or a direct listing as of the early October report.The latter option has grown in popularity in recent years. Direct listings allow firms to begin trading publicly without selling new shares and watering down the stock's value. Funds aren't raised in such listings.

Roblox said it intends to commence the public offering following completion of the SEC review.Roblox Breaking Point MoneyThe company is aiming for a public valuation of about $8 billion Reuters reported earlier this month.

Earlier this year Roblox closed a Series G funding round worth $150 million announcing at the time it had reached 115 million MAUs and over 1.5 billion hours of monthly engagement.

A report by tech website Fast Company earlier this year said Roblox employed 1,600 full-time moderators. By comparison Facebook which has over 2.7 billion monthly active users as of June employed 25,000 moderators. is the leading marketplace for trading Roblox Breaking Point Currency. Buyers are guaranteed delivery and sellers are fully protected against payment fraud. Our traders are real gamers and we do not support the use of scamming bots. Roblox Breaking Point Money for Sale now and get the best deals today!

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