The underlying Roblox platform has three elements: a 3D application called Roblox Client the Roblox Studio toolset that allows developers and creators to build, publish, and run 3D content and the Roblox Cloud services and infrastructure that power the platform. Roblox is not a game developer but provides a platform for developers and creators to build 3D experiences and games for its virtual community that interacts using avatars.

The groundwork for Roblox was laid in 1989 when founders David Baszucki and Erik Cassel programmed Interactive Physics, a 2D simulated physics lab that influenced their approach to Roblox. This article covers everything you need to know about the Roblox stock DPO and offers an overview of the listing details to help you decide whether to invest your money in the stock when it launches. So, should you buy shares when Roblox goes public through a direct listing?

The Roblox DPO is the fifth such listing of a large company after Palantir Technologies (PLTR), Asana (ASAN), Slack Technologies (WORK) and Spotify Technology (SPOT). The firm abandoned plans for a traditional initial public offering and intends to go public via a direct public listing (DPO) instead. Roblox (RBLX) follows Corsair Gaming (CRSR), Unity Software (U) and Playtika Holding (PLTK) in capitalising on the trend to raise funds from a stock market listing. Gaming has become one of the main means of entertainment worldwide during the pandemic.

The Covid-19 outbreak has accelerated the growth in the company, which provides tools for developers to create online games primarily aimed at children. Roblox Corporation is the latest video gaming business to go public, planning to list on the New York Stock Exchange (NYSE) this month.

Roblox ipo 206m 589m dau