One of the most popular gaming platforms is about to go public.
Roblox is expected to start trading shares in the growing video game company on Wednesday. It will trade on the New York Stock Exchange under the symbol “RBLX.”
This month, Roblox Corporation said it expects to rake in between $320 million and $335 million during the first quarter of 2021, nearly double from the previous year.
If you’re a parent, then it’s likely the only time you ever hear about Roblox is when your kids play it – or discuss the endless activities they complete with friends.
And, look, a lot of parents (myself included) are really confused about Roblox, including actress Reese Witherspoon, who shares what it’s like when her child talks about the site.
We’re here to (hopefully) help. If mention of Roblox leaves you bewildered, here’s what to know:
What exactly is Roblox?
It’s not a game, but more a gaming platform, where players can go and find countless user-created games to play. When you first join Roblox, you’ll create an avatar, which you’ll then use to participate in all the platform’s games. It’s available for free on PC, Mac, video game consoles and mobile devices.
What can you do on Roblox?
After logging in, you can hop into one of a seemingly never-ending selection of games. Among the most popular is a game called “Adopt Me,” where players adopt, raise and trade pets. You’ll start by hatching eggs, then complete tasks like feeding, bathing and taking the pet to school to help it grow. Over…