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Reuters

Roblox bookings beat as gaming boom persists, shares surge

People had turned to video games for entertainment during last year’s months-long isolation, sparking a boom that is yet to slow down despite schools reopening and COVID-19 restrictions easing. Roblox, among the world’s most popular gaming sites for children, said daily active users grew 31% to 47.3 million during the third quarter and gamers spent 11.2 billion hours on the platform. “Based on our October results, we appear to be having a great start to the last quarter of the year,” Chief Financial Officer Michael Guthrie said.

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