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Damning Roblox report claims company inflates player numbers to investors by as much as 42% UPDATE: Roblox responds.
Correction: The original version of this article multiplied Roblox's daily active user figure to extrapolate a monthly user figure of 1.7 billion. This was bad math because, obviously, individual ...
Vietnam, in particular, is allegedly responsible for a "significant" inflation of user numbers and engagement, according to a former Roblox data scientist who spoke to Hindenburg Research.
Roblox is accused of lying to investors about the number of daily users on the platform, with a report from Hindenburg Research claiming it’s much lower.
A new report has alleged that Roblox misleads investors by falsely reporting player numbers, and has highlighted yet more examples of inappropriate - and allegedly, illegal - content being shared ...
Roblox shares were priced at $45. They closed the first day of trading up 54.4%. Since then, they’ve lost 20% of their value, but not before hitting an all-time high of $141.60 in November.
To get the Boombox, you must buy the Boombox gamepass for 300 Robux. This can be found either in the in-game storeunder the Robux section or under Evade's store in the main Roblox menu.
Roblox stock has been hit hard, as have most technology stocks. But the company’s financials are holding up well. Here's a quick run through of the financials of this unique gaming mainstay.