China, Real Estate, General Motors, and Roblox (Podcast)
Bloomberg Intelligence
00:00
Roblox's Daily Active Users Fall Short of Wall Street Expectations
Daily active users fell about 1% last quarter to around 65 million up, though 25% from a year earlier. When you're reaching that type of scale, their audience is aging up in a good way because a lot of those under 13 players have now grown into 16, 17, over 18 year olds. So I again do believe that while the daily active users felt a little bit flat, the mix is powerful, the portfolios powerful, and it's still a crazy amount of reach.
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