4/13/2024 0 Comments Roblox ipo planThe results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Shares of the company have gained nearly 42.8% so far this year already.ĭisclaimer: The TipRanks Smart Score performance is based on backtested results. Overall, the Street has a $43.73 consensus price target on Roblox alongside a Moderate Buy consensus rating. Manuel Bronstein the Chief Product Officer at Roblox commented, “This program is yet another step towards our long-term vision of building an economy where anyone can create, sell and earn on our platform, and expanding our community with new partners will play a key role in enabling this future.” These partners have made a 12-month minimum media expenditure commitment and will have access to incentives such as insights, data, and education. Importantly, the program will offer transparent immersive ads pricing and initial partners include major names such as Dentsu, Century Games, Playwire, Vayner3, and Dubit. With this program, the company is looking to engage a broad network of platform advocates such as developer studios, third-party sellers as well as brands. Online immersive experiences platform Roblox ( NYSE:RBLX) has announced a new Roblox Partner program with an aim to offer brand innovation and create a worldwide self-serve advertising ecosystem.
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