Manuel Bronstein, Chief Product Officer at Roblox, had this to say on the program: Just a few worth mentioning include Century Games, Dentsu, Dubit, Playwire, Sawhorse, The Gang Group, and Vayner3. They’ll also gain educational material and insight into Robolox analytics.Īccording to Roblox, it’s already signed on several of its partners that will take part in this new program. It wants to do this by allowing partners of the platform to share in ad revenue from content they create. This new Roblox Partner Program has the company seeking out scale brand innovation. 'Furthermore, the company indicated YoY bookings comps, 'should improve starting in the May-June time frame,' leaving us to ponder what this suggests for February-April.Roblox (NYSE: RBLX) stock is a hot topic among traders on Thursday after the game development platform announced a new partner program. January 22' bookings experienced a deceleration relative to past months, up just 2%-3%, YoY as compared to October, November, December '21 at +15%, +23%, +21%, respectively, for example,' Stifel analysts said in a note Tuesday evening. 'Our key takeaway from Roblox's 4Q update. So we are focused on user and engagement growth.'Īnalysts were concerned about the slowdown in bookings and outlook. We're being very gentle on monetization relative to quality user growth, creating a safe and civil platform and driving our DAU numbers.

'We're not touching advertising, we're not touching 3D immersive shopping. 'We have so many opportunities to increase monetization on our platform,' Roblox CEO David Baszucki said on CNBC's ' Squawk on the Street,' in response to the earnings miss. It recently partnered with companies such as Nike and the NFL.

Roblox is an open gaming platform that lets players create their own interactive 'worlds.' The first major company working on the metaverse to go public, it sells virtual currency, which is used to purchase digital items in its games. Its loss of 25 cents per share was wider than the 13 cents anticipated, and it reported 49.5 million daily active users during the quarter, up 33% from the year-earlier period. The gaming company reported fourth-quarter revenue (bookings) of $770 million, below the $772 million expected, per Refinitiv consensus estimates. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower

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