Roblox Has Finally Set A Date To Go Public

by | Feb 24, 2021 | Gaming

Roblox has set a rough date for going public with a direct listing, Business Insider reports, after filing late last year. The company initially planned on an IPO last December, but that was called off in response to volatile openings by keenly-watched tech companies including DoorDash and Airbnb.

The games company now plans to go public via a direct listing around March 10, after its plan for a February direct listing was delayed by an SEC inquiry into its finances.

Roblox functions more as a platform than a game, with third-party devs able to create and release their own experiences onto the platform. It’s popular with younger gamers and regularly posts impressive earnings statistics, such as lifetime revenue of over $2 billion on mobile platforms alone.

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