Roblox CEO Sees 'Huge Market' for Platform, Eyes 10% Gaming Content Share

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Roblox CEO Sees 'Huge Market' for Platform, Eyes 10% Gaming Content Share
RobloxGamingEcommerce
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Roblox CEO Dave Baszucki expressed confidence in the platform's future during a CNBC interview, highlighting its progress towards securing 10% of global gaming content. He cited examples like NFL Universe and SpongeBob reaching the top 25 most popular games on Roblox, emphasizing the platform's potential despite only capturing 2.4% of the market. Baszucki also discussed Roblox's integrations with brands like Wicked and Beetlejuice, its collaborations with sports leagues and YouTube creators, and its use of AI for user safety. He further revealed Roblox's foray into digital ecommerce with Shopify, envisioning immersive 3D experiences beyond gaming.

In a Thursday interview with CNBC's Jim Cramer, Roblox CEO Dave Baszucki reflected on the most recent quarter.

"There's a huge market out there. We saw NFL Universe, which is a fully-licensed sports game, show up on Roblox and get in the top 25. We saw SpongeBob hit the top 25," he said. "We're only hitting 2.4% of the total gaming market space on Roblox. That's a lot of room."CEO Dave Baszucki reflected on the most recent quarter and described the company's progress towards its goal of getting 10% of all the gaming content in the world on the platform.

Baszucki pointed to some of Roblox's recent ventures, including brand integration with popular movies Wicked and Beetlejuice. Both the National Football League and the National Basketball Association are on the platform, he continued, as well as content from popular YouTube creator Mr. Beast. Baszucki also said Roblox is using artificial intelligence to make the platform safer for users, a significant portion of which are children.

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