Roblox Sees Surge in Q1 Orders and Projects $52.9B Seasonal Volume

Roblox, a leading metaverse platform, has experienced strong first-quarter growth, with its in-game spending order volume soaring 31% to reach $12.1 billion. The company now projects its lowest seasonal order volume, based on in-game purchases, between $52.9 billion and $53.6 billion, exceeding the previous forecast of $52 billion to $53 billion. Roblox CEO David Baszucki noted that the developer community’s contributions are expected to generate over $10 billion in revenue.