54% increase on the first day, market value of 52 trillion won… Metaverse expectant’Roblox’ successful market debut

Roblox homepage capture

Roblox homepage capture

Roblox, an American game platform company called Metaverse’s representative stock, successfully debuted on the New York Stock Exchange (NYSE) on the 10th (local time).

Roblox, which started at a base price of $45, ended the transaction at $69.5, an increase of 54.44% on the same day. US CNBC reported that this will give Roblox a value of 46 billion dollars (about 52 trillion won) in the market.
It exceeded the market’s expectations of an initial enterprise value of 30 billion dollars (about 34 trillion won).

In Roblox, users become the creators of the virtual world.  Reuters = Yonhap News

In Roblox, the user becomes the creator of the virtual world. Reuters = Yonhap News

Roblox is a game platform that is gaining popularity among teenagers in the United States. You can make your own games and enjoy games made by others. You can also make transactions through social networking, chat, and self-call.

It was established in 2004, and last year, there were 33 million active users a day, an 80% increase from the previous year.

Roblox is evaluated as a stock that meets the recent trend of’metaverse’ and is raising expectations in the market. Metaverse is a compound word of Meta and Universe, which means transcendence. The boundary between the virtual world and the reality gradually becomes blurred, reflecting the reality in which real life takes place in the virtual world.

Related industries such as augmented reality (AR) and virtual reality (VR) are also gaining attention. Market research firm Strategy Analytics predicts that the global metaverse market will reach 315 trillion won by 2035.

Roblox debuted on the New York Stock Exchange on the 10th (local time).  On the first day, the deal closed at $69.5, up 54%.  The picture is the Roblox logo displayed in front of the New York Stock Exchange.  Reuters = Yonhap News

Roblox debuted on the New York Stock Exchange on the 10th (local time). On the first day, the deal closed at $69.5, up 54%. The picture is the Roblox logo displayed in front of the New York Stock Exchange. Reuters = Yonhap News

Reporter Lee Hae-jun [email protected]


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