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

Founding Engineer (Systems/Infrastructure)

Tensorfuse

Karnataka,

Full Time

USD 2500000 — USD 4000000 yearly

Engineering Tech Lead (Python + Django)

Optery

Full Time

USD 120000 — USD 185000 yearly

Senior AE

Confido

New York,

Full Time

USD 250000 — USD 300000 yearly

Founding Product AI Engineer

Roame

California,

Full Time

USD 150000 — USD 215000 yearly

Senior Software Engineer, Backend Integrations

Flock Safety

Full Time

USD 170000 — USD 250000 yearly

Growth Account Executive

Roboflow

California,

Full Time

USD 140000 — USD 170000 yearly

Phone Sales

Enerjazz

Uttar Pradesh,

Full Time

USD 180000 — USD 300000 yearly

Senior SDR

Corgi

Texas,

Full Time

USD 85000 — USD 150000 yearly

Growth / Business Lead

Salient

California,

Full Time

USD 150000 — USD 220000 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).