Roblox Expands Revenue Streams with 3D Virtual Goods and PlayStation Debut

1 min read
Source: CNBC
Roblox Expands Revenue Streams with 3D Virtual Goods and PlayStation Debut
Photo: CNBC
TL;DR Summary

Roblox is expanding its revenue streams by allowing users to create and sell 3D virtual goods on its platform. Previously, users could only sell 2D items and had to go through an approval process. By opening up the marketplace to everyone, Roblox aims to increase engagement and attract more users. The company's revenue growth has slowed recently, prompting this move. Additionally, Roblox is introducing new coding tools and subscription-based services for developers, as well as a digital assistant to facilitate content creation. The app will also be available on Meta Quest and Sony PlayStation devices.

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