Roblox lifts bookings forecast as mature content draws more paying gamers
- Roblox raised its annual bookings forecast on Thursday, as user engagement increased on its platform during the summer holidays and more mature content helped it draw older users with higher spending power.The video gaming company, known for its popularity among younger gamers, has been encouraging developers to create more mature content such as horror games to attract older users that have more spending power.
"It's the content creation of our developer community that attracts the older users and builds things that are worthy of them spending their capital, and when users spend a lot of time with us, it tends to correlate to spending money with us," Chief Financial Officer Michael Guthrie told Reuters. Its model, which is similar to Epic Games' Fortnite, has helped Roblox at a time when customers are cutting back on purchases and sticking with proven titles.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Computer parts maker Logitech lifts outlook after upbeat quarterComputer parts maker Logitech lifts outlook after upbeat quarter
مزید پڑھ »
More rain windstorm showers likely at various parts of countryISLAMABAD: Pakistan Meteorological Department (PMD) has forecast rain-windstorm/thundershower is expected in Punjab, Islamabad, Pothohar.
مزید پڑھ »
Microsoft's slow cloud growth signals AI payoff will take longerShares fell 7pc on the spending forecast but pared losses to trade down 4pc
مزید پڑھ »
Japanese automaker Nissan lowers its profit forecast amid incentive, inventory woesJapanese automaker Nissan lowers its profit forecast amid incentive, inventory woes
مزید پڑھ »
Fitch predicts continued turbulence for Pakistan's economy and politicsPakistan economy forecast: Fitch Ratings predicts ongoing economic and political turbulence in Pakistan, highlighting major challe...
مزید پڑھ »
Rains in Lahore, Islamabad trigger flooding alertThe Met office forecast more rain in the city during the next 24 hours (Saturday-Sunday).
مزید پڑھ »