Roblox has exploded in popularity since the beginning

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Roblox has exploded in popularity since the beginning

Roblox Gacha Online Money Roblox Corp said on Wednesday it aims to go public through a direct listing instead of an initial public offering (IPO) as originally planned and has raised new funding in a deal that values the U.S. gaming platform at nearly $30 billion.In a statement Roblox said it had raised around $520 million in a new Series H private fundraising round led by Altimeter Capital and Dragoneer Investment Group.The funding round valued Roblox at $29.5 billion more than seven times the $4 billion the company was valued at in its Series G round 11 months ago.

Online gaming hub Roblox filed to go public Nov. 19 and most recently updated its IPO prospectus on Dec. 1 with plans to go public before the end of the year. But now Roblox will postpone its IPO into 2021.Analysts had forecast that if Roblox went public this year its value could easily reach $8 billion -- twice what investors value the company at in a recent round of private fund-raising. But as The Wall Street Journal reported Friday the explosive IPO action last week surrounding Airbnb (NASDAQ: ABNB) and DoorDash (NYSE: DASH) have given Roblox second thoughts.Hope this content is useful to you. Also, for more Buy Roblox Gacha Online Money guides, please click https://www.z2u.com

The news of the Roblox delay was first reported by The Wall Street Journal.Roblox has exploded in popularity since the beginning of the pandemic especially among children. In an offering prospectus last month it said it averaged 31.1 million daily active users in the first nine months of 2020 up 82 percent from a year earlier but had lost $203 million in the same period. Inside the Roblox online universe players’ avatars can interact and play millions of unique games set in different worlds from tropical islands to haunted castles. Players pay money for premium memberships as well as for items and clothing for their avatars. 

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