Roblox Corp (RBLX) Sector
Communication Services

(Current) $51.52
-0.77 (-1.47%) Open Price: 52.24

Roblox Corporation, commonly known as Roblox Corp, is a technology company based in San Mateo, California, USA. The company was founded in 2004 by David Baszucki and Erik Cassel under the name DynaBlocks. It later became Roblox in 2005, a combination of the words "robots" and "blocks," reflecting its focus on creating a virtual world built with block-like elements.

Roblox Corp operates a platform called Roblox, which allows users to create, share, and play games and experiences in a user-generated 3D environment. The platform provides a set of tools and building blocks that enable users, known as "developers," to create games, virtual worlds, and immersive experiences for others to enjoy. These user-generated games cover a wide range of genres, including role-playing games, simulations, adventure games, and more.

Roblox is especially popular among children and teenagers, as it offers a creative and social platform where they can interact with friends and explore virtual worlds. The platform's focus on user-generated content has led to a vast and diverse library of games, attracting millions of players from around the world.

Roblox Corp has continuously expanded its platform's features and capabilities to accommodate the growing community of developers and players. The company's focus on safety and moderation is critical to ensure a positive and secure environment for its young user base. Roblox Corp actively implements measures to protect users from inappropriate content and interactions.

Through its developer exchange program, Roblox allows developers to earn revenue from their creations. The virtual currency "Robux" is used for transactions within the platform, and developers can exchange Robux for real currency. This model has incentivized creators to develop high-quality content and has contributed to the platform's sustained growth and success in the competitive gaming industry.

(11/19/24) $52.24
(11/21/24) $52.29
(11/21/24) (Qty.)13,047,376
(11/19/24) $50.53
(11/19/24) $53.16
(11/03/24) $49.61
(11/10/24) $55.10
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