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SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Corporation (NYSE: RBLX), an immersive gaming and creation platform, today announced the appointment of Naveen Chopra as its new Chief Financial Officer, effective June 30, 2025. Chopra brings extensive financial and strategic leadership experience across several technology and media companies, including Paramount, Amazon, Pandora, and TiVo. "Naveen's experience as CFO at leading companies equips him with invaluable financial and strategic acumen to fo.
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Bank of America extended its bullish rating on Roblox (RBLX) and raised its target price on the stock, citing the company's efforts within the metaverse.
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Video game maker Roblox was down for tens of thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com.
Roblox's user growth is accelerating, driven by viral new experiences and strong engagement, with concurrent users up 25-30% YoY in early Q2 2025. Emerging markets like the Philippines and Indonesia are fueling global expansion, boosting downloads and engagement despite lower ARPDAU. Monetization strategies are evolving: lower in-app prices are offset by higher payer conversion, improving gross margins and developer payouts.
Roblox CEO David Baszucki says the company is focused on innovation and long-term growth.