The COVID-19 pandemic led to substantial growth in both the platform’s revenue and user numbers, in line with similar developments encountered by the gaming industry as a whole, as people were forced to remain indoors due to lockdowns and spent more time playing video games.ĭata acquired by Finbold found Roblox ranked third among leading mobile gaming apps worldwide according to downloads, with 208 million in 2022, just after the Danish hit mobile game Subway Surface and party game Stumble Guys with 304 and 254 million downloads accordingly. The company generates revenue through selling the virtual currency Robux to its users, which can be used to purchase virtual items (such as clothing, accessories, and emotes for avatars) sold by the developer and creator community on the platform.
Founded in 2004 by Erik Cassel and David Baszucki, the company is the developer of Roblox, an online game platform that enables users to build games using the programming language Lua and play games created by other users. Roblox Corporation (NYSE: RBLX) is an American publicly traded company that develops video games based in San Mateo, California.
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