Videogame company Roblox Corp. has filed to go public at a time when the pandemic has supercharged demand for online gaming.
Roblox said Thursday in its documents to underpin the planned initial public offering that the company has enjoyed massive sales growth. Revenue advanced 56% to $488.2 million in 2019 and increased further during the pandemic. Sales in the first nine months of this year rose more than 68% to $588.7 million, according to filing, and bookings in that period surged 171% from a year earlier.
The…
This post first appeared on wsj.com
