Roblox, after winning over kids, becomes hit on Wall Street_老虎社区_美港股上老虎

Roblox, after winning over kids, becomes hit on Wall Street

The Straits Times2021-03-11

SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged. The ...

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Raayche
·2021-03-11
[财迷]
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darrelt
·2021-03-11
Wow
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1
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Chiweii
·2021-03-11
Need to monitor further
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2
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vbjvvbb
·2021-03-11
Wow
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Jassss
·2021-03-11
Only time will tell
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2
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- WMIING:
  Ok
  2021-03-11
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- Jassss:
  Comment if you agree
  2021-03-11
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- Jassss:
  YUp
  2021-03-11
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Jackal
·2021-03-11
A company with no noticeable profits for some time in the future ? Not for the faint hearted
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1
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- Jassss:
  Unless they come up with something else
  2021-03-11
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dessyag
·2021-03-11
short term?
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2
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Potato3
·2021-03-11
Will such growth continue post pandemic?
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1
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JettLam
·2021-03-11
Roblox time
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1
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LEEQX
·2021-03-11
Is it a short term gain?
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3
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- huilong:
  .
  2021-03-14
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ADL
·2021-03-11
another interim soup up!
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ckLai
·2021-03-11
Wow
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3
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- ckLai:
  Wow
  2021-03-11
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- Ichua:
  Awessome
  2021-03-11
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chongyeetan
·2021-03-11
i love this too.
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1
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EC7795
·2021-03-11
Time to long
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2
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Xiaokidzz
·2021-03-11
Woo
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2
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ponyinvestor
·2021-03-11
Nice nice!
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Huathuat88
·2021-03-11
Nice nice
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2
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Derrickcdh
·2021-03-11
Don't think price will maintain, tread carefully
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- ponyinvestor:
  Hmm
  2021-03-11
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The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":321234827,"gmtCreate":1615437555469,"gmtModify":1703489049838,"author":{"id":"3578311581639916","authorId":"3578311581639916","name":"darrelt","avatar":"https://static.tigerbbs.com/3a1196aa687f109955c94a00df8a25ac","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578311581639916","authorIdStr":"3578311581639916"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321234827","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321204026,"gmtCreate":1615435796065,"gmtModify":1703489019220,"author":{"id":"3578294438049176","authorId":"3578294438049176","name":"Chiweii","avatar":"https://static.tigerbbs.com/9ed497eb3975346d456bf812a41f2279","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578294438049176","authorIdStr":"3578294438049176"},"htmlText":"Need to monitor further","listText":"Need to monitor further","text":"Need to monitor further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321204026","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321645958,"gmtCreate":1615433286274,"gmtModify":1703488988610,"author":{"id":"3554803619527377","authorId":"3554803619527377","name":"vbjvvbb","avatar":"https://static.tigerbbs.com/8fb1b38f4354ec237a7cab99dbd46e94","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3554803619527377","authorIdStr":"3554803619527377"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321645958","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321655825,"gmtCreate":1615432137967,"gmtModify":1703488973738,"author":{"id":"3574244375315958","authorId":"3574244375315958","name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574244375315958","authorIdStr":"3574244375315958"},"htmlText":"Only time will tell","listText":"Only time will tell","text":"Only time will tell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/321655825","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3766634,"gmtCreate":1615432169097,"gmtModify":1635756055658,"authorId":3554213821224025,"author":{"id":3554213821224025,"idStr":"3554213821224025","authorId":3554213821224025,"name":"WMIING","avatar":"https://static.tigerbbs.com/39217f40d9dc4a9a15fac00f34f63d83","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321655825,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":3766641,"gmtCreate":1615432243805,"gmtModify":1635756055291,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321655825,"type":1,"supId":0,"prevId":0,"content":"Comment if you agree  ","text":"Comment if you agree  ","html":"Comment if you agree  "},{"id":3766650,"gmtCreate":1615432339706,"gmtModify":1635756054552,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321655825,"type":1,"supId":0,"prevId":0,"content":"YUp","text":"YUp","html":"YUp"}],"langContent":"EN"},{"id":321658341,"gmtCreate":1615431802683,"gmtModify":1703488969765,"author":{"id":"3575889284821775","authorId":"3575889284821775","name":"Jackal","avatar":"https://static.tigerbbs.com/2136f45897935c64401ef537e9af93c9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575889284821775","authorIdStr":"3575889284821775"},"htmlText":"A company with no noticeable profits for some time in the future ? Not for the faint hearted&nbsp;","listText":"A company with no noticeable profits for some time in the future ? Not for the faint hearted&nbsp;","text":"A company with no noticeable profits for some time in the future ? Not for the faint hearted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321658341","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3766639,"gmtCreate":1615432226244,"gmtModify":1635756055413,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321658341,"type":1,"supId":0,"prevId":0,"content":"Unless they come up with something else  ","text":"Unless they come up with something else  ","html":"Unless they come up with something else  "}],"langContent":"EN"},{"id":321620929,"gmtCreate":1615430422161,"gmtModify":1703488949698,"author":{"id":"3574597457129986","authorId":"3574597457129986","name":"dessyag","avatar":"https://static.tigerbbs.com/b12eaa6588dc6f5c33db538d6fe96d26","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574597457129986","authorIdStr":"3574597457129986"},"htmlText":"short term?","listText":"short term?","text":"short term?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321620929","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321669197,"gmtCreate":1615429583919,"gmtModify":1703488937077,"author":{"id":"3576629019645766","authorId":"3576629019645766","name":"Potato3","avatar":"https://static.tigerbbs.com/27c3506ac91aba524d8796fabd50c2f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576629019645766","authorIdStr":"3576629019645766"},"htmlText":"Will such&nbsp;growth continue post pandemic?","listText":"Will such&nbsp;growth continue post pandemic?","text":"Will such growth continue post pandemic?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321669197","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321689898,"gmtCreate":1615428899114,"gmtModify":1703488923757,"author":{"id":"3569591389124298","authorId":"3569591389124298","name":"JettLam","avatar":"https://static.tigerbbs.com/8d251c4e63016669411c6250ec2f2c02","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3569591389124298","authorIdStr":"3569591389124298"},"htmlText":"Roblox time","listText":"Roblox time","text":"Roblox time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321689898","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321612894,"gmtCreate":1615428523918,"gmtModify":1703488916501,"author":{"id":"3574909859269652","authorId":"3574909859269652","name":"LEEQX","avatar":"https://static.tigerbbs.com/cc9d14e1a5f5e174fdc00fc72ed4ba3a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574909859269652","authorIdStr":"3574909859269652"},"htmlText":"Is it a short term gain?&nbsp;","listText":"Is it a short term gain?&nbsp;","text":"Is it a short term gain?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321612894","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3789617,"gmtCreate":1615684549068,"gmtModify":1635754820741,"authorId":3574933578144706,"author":{"id":3574933578144706,"idStr":"3574933578144706","authorId":3574933578144706,"name":"huilong","avatar":"https://static.tigerbbs.com/24918e2ccc00a8c7ef5e28ccda2676ff","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321612894,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."}],"langContent":"EN"},{"id":321618072,"gmtCreate":1615428305096,"gmtModify":1703488913392,"author":{"id":"3572161139823685","authorId":"3572161139823685","name":"ADL","avatar":"https://static.tigerbbs.com/46f309a3de1b3b77e46ca01bc05767be","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572161139823685","authorIdStr":"3572161139823685"},"htmlText":"another interim soup up!","listText":"another interim soup up!","text":"another interim soup up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321618072","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321606943,"gmtCreate":1615426069282,"gmtModify":1703488872424,"author":{"id":"3576459018241155","authorId":"3576459018241155","name":"ckLai","avatar":"https://static.tigerbbs.com/23354f3443d8a51feae4f8b8a4f5458c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576459018241155","authorIdStr":"3576459018241155"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/321606943","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3765842,"gmtCreate":1615426082662,"gmtModify":1635756107006,"authorId":3576459018241155,"author":{"id":3576459018241155,"idStr":"3576459018241155","authorId":3576459018241155,"name":"ckLai","avatar":"https://static.tigerbbs.com/23354f3443d8a51feae4f8b8a4f5458c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321606943,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"},{"id":3765863,"gmtCreate":1615426244861,"gmtModify":1635756105916,"authorId":3554848762875033,"author":{"id":3554848762875033,"idStr":"3554848762875033","authorId":3554848762875033,"name":"Ichua","avatar":"https://static.tigerbbs.com/175ebc8e659de3f491645e9236066d54","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321606943,"type":1,"supId":0,"prevId":0,"content":"Awessome ","text":"Awessome ","html":"Awessome "}],"langContent":"EN"},{"id":321876824,"gmtCreate":1615425316068,"gmtModify":1703488857717,"author":{"id":"3573519539005968","authorId":"3573519539005968","name":"chongyeetan","avatar":"https://static.tigerbbs.com/58f6eb6730af7768ad82093944f2351a","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3573519539005968","authorIdStr":"3573519539005968"},"htmlText":"i love this too.","listText":"i love this too.","text":"i love this too.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321876824","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321873295,"gmtCreate":1615425078917,"gmtModify":1703488854085,"author":{"id":"3569231301846284","authorId":"3569231301846284","name":"EC7795","avatar":"https://static.tigerbbs.com/5a108dc8352832d152cadbb12f06b202","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569231301846284","authorIdStr":"3569231301846284"},"htmlText":"Time to long","listText":"Time to long","text":"Time to long","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321873295","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321873154,"gmtCreate":1615425047178,"gmtModify":1703488853395,"author":{"id":"3570785491986221","authorId":"3570785491986221","name":"Xiaokidzz","avatar":"https://static.tigerbbs.com/23b44b44f32e02dc481ca2eae419513a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3570785491986221","authorIdStr":"3570785491986221"},"htmlText":"Woo","listText":"Woo","text":"Woo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321873154","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321844193,"gmtCreate":1615424807112,"gmtModify":1703488847689,"author":{"id":"3575443999456708","authorId":"3575443999456708","name":"ponyinvestor","avatar":"https://static.tigerbbs.com/138d1ebc8820019726a687f0ffe45994","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575443999456708","authorIdStr":"3575443999456708"},"htmlText":"Nice nice!&nbsp;","listText":"Nice nice!&nbsp;","text":"Nice nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321844193","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321848376,"gmtCreate":1615424462095,"gmtModify":1703488841815,"author":{"id":"3567740041252265","authorId":"3567740041252265","name":"Huathuat88","avatar":"https://static.tigerbbs.com/e11fa9d1f92b0abfa38e066895e2ff1c","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3567740041252265","authorIdStr":"3567740041252265"},"htmlText":"Nice nice&nbsp;","listText":"Nice nice&nbsp;","text":"Nice nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321848376","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321855115,"gmtCreate":1615424026537,"gmtModify":1703488831600,"author":{"id":"3576217643343722","authorId":"3576217643343722","name":"Derrickcdh","avatar":"https://static.tigerbbs.com/953051dab1230cfb9068f2121aa72fc1","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576217643343722","authorIdStr":"3576217643343722"},"htmlText":"Don't think price will maintain, tread carefully&nbsp;","listText":"Don't think price will maintain, tread carefully&nbsp;","text":"Don't think price will maintain, tread carefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321855115","repostId":2118960545,"repostType":4,"repost":{"id":"2118960545","pubTimestamp":1615418755,"share":"https://www.laohu8.com/m/news/2118960545?lang=&edition=full","pubTime":"2021-03-11 07:25","market":"sg","language":"en","title":"Roblox, after winning over kids, becomes hit on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2118960545","media":"The Straits Times","summary":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a","content":"<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox, after winning over kids, becomes hit on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox, after winning over kids, becomes hit on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/roblox-after-winning-over-kids-becomes-hit-on-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118960545","content_text":"SAN FRANCISCO (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street on Wednesday (March 10), as newly-listed shares surged.\nThe company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 per cent to US$69.50, from a reference price of US$45 as part of so-called direct listing.\nThat gave the gaming platform and pandemic star a valuation of some US$40 billion (S$53.75 billion).\n\"We are deeply humbled by the overwhelming support for @Roblox and our public offering today,\" co-founder and chief executive David \"Builderman\" Baszucki said in a tweet.\n\"We recognise the potential ahead of us: to build the platform where billions of people come together to learn, work, and play.\"\nWith its Lego-like avatars and easy-to-learn coding for budding programmers, the online gaming app has become a thriving clubhouse for young gamers, most of them no older than 16.\nBy late last year, more than 31 million users daily were diving into Roblox on mobile, desktop, or console devices and cumulatively spending billions of hours there, according to the Silicon Valley based company.\n\"In an incredibly challenging year, Roblox became a crucial place for people to come together,\" Mr Baszucki said in a blog post.\nEvents that moved to Roblox virtual environs included birthday parties, get-togethers, graduation ceremonies, and company meetings.\nKids log on to the mobile app after school to guide their avatars through obstacle courses full of pitfalls, escape from jail, dive into a treasure hunt or even to build their own adventure park Big name brands and musicians have also taken to Roblox and its vision of a \"metaverse\" online world where people can freely express themselves.\nWarner Brothers and DC created a Wonder Woman game on Roblox to promote a new film with that super hero.\nUS Rapper Lil Nas X, staged a concert experience there, Mr Baszucki noted.\n\"And we're just scratching the surface,\" Mr Baszucki said.\n\"We see a future where tens of thousands of people can gather in a single instance to join a virtual business conference, attend a movie premiere, or watch their favorite artists perform live.\"\nGoing Direct\nBy opting to go public as a direct listing, like companies such as Spotify, Slack and Palantir have done, Roblox did not issue new shares on the exchange and therefore did not raise capital.\nInstead existing shareholders - such as founders, employees and initial investors - will be able to sell their portions on the market.\nThe platform allows users to create their own video games and gives them a share of related revenue.\nIt counted close to 33 million daily players in 2020, and revenue soared 82 per cent to US$924 million.\nBut the company founded in 2004 has yet to post a profit, due to the expenses on tech infrastructure, data protection and paying game makers.\nRoblox said it hired nearly 400 new employees in 2020, growing to 979 people, and that it bought an artificial intelligence startup with technology that can help it make avatars and scenes more realistic looking.\n\"Our vision has always been to simulate the physical world, both visually as well as physically,\" Mr Baszucki said.\nRoblox is available in over 180 countries and 11 different languages, growing fastest outside of North America, according to Mr Baszucki.\nCombining social networking and fresh supplies of new games has proven an addictive formula for children, but it will likely be years before Roblox turns profitable, according to analyst Boris Schlossberg of 60SecondInvestor.com.\n\"With Covid risk now starting to recede and the world returning to more physical activities can Roblox hold on to its base of users and expand into new markets beyond gaming?\" Mr Schlossberg asked rhetorically.\n\"The company has been the star of the pandemic and investors are hoping that like a supernova it will continue to shine for many years forward.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3765712,"gmtCreate":1615424947569,"gmtModify":1635756114607,"authorId":3575443999456708,"author":{"id":3575443999456708,"idStr":"3575443999456708","authorId":3575443999456708,"name":"ponyinvestor","avatar":"https://static.tigerbbs.com/138d1ebc8820019726a687f0ffe45994","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321855115,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":34,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}