Popular gaming company, Roblox, files for IPO

Revenue has shot up but losses widened too


Alfred Lee

23 Nov, 2020

Popular gaming company, Roblox, files for IPO | BEAMSTART News

Roblox, the gaming company that's hugely popular among children, has filed to go public.

The company operates a global platform where millions of people gather together to imagine, create, and share experiences with each other in user-generated 3D worlds. 

As worlds are user-generated, there is virtually an unlimited number of gameplay possibilities on Roblox.

Roblox CEO, David Baszucki.

Roblox's third-quarter earnings climbed by 91% during the pandemic, eclipsing $242.2 million in revenues.

Despite revenue growth, the company's losses doubled to $48 million.

Just 2 months ago, gaming company Unity went public, with Airbnb, DoorDash, and online lender Affirm filing for IPO just last week.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Senior Software Engineer, Song Quiz

Volley

California,

Full Time

Salary Undisclosed

Director, Service Operations

Curri

California,

Full Time

USD 160000 — USD 190000 yearly

Founder's Office

CozmoX AI

California,

Full Time

USD 50000 — USD 100000 yearly

Launch Operations Specialist

RealRoots

California,

Contract

USD 80000 — USD 90000 yearly

Solutions & Sales Operations

Zensors

California,

Full Time

Salary Undisclosed

Account Executive (US)

Kombo

New York,

Full Time

USD 200000 — USD 220000 yearly

Product Strategist

Corgi

California,

Full Time

USD 100000 — USD 180000 yearly

Member of Technical Staff – Backend Engineering

Activeloop

California,

Full Time

USD 150000 — USD 250000 yearly

Customer Success Manager

Tank Payments

Texas,

Full Time

USD 75000 — USD 110000 yearly

Software Engineer (Data)

Numeral

Full Time

USD 160000 — USD 210000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).