Roblox Is Raking In Millions On Virtual Goods

March 3rd, 2023· 1.9K views· 0:57
T
The Hustle

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/69v Kids are spending hundreds of millions on products they can’t even use. Roblox is a teenage sensation that just won the high school popularity contest with its Q4 earnings report. The stock jumped after bookings increased 17% to $899m. Average daily users skyrocketed to 58.8m. And in the full year of 2022, users spent 49B hours on Roblox. That’s 5.5m years. Video hosted by Michael Sikand.