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1241 Roblox Accused of Lying To Investors About User Numbers

Slashdot
BeauHD @ Slashdot · 10/08/2024 18:00 EDT

Roblox Accused of Lying To Investors About User Numbers

Investment firm Hindenburg Research claims Roblox is "consistently overstating the amount of people on its platform by 25 percent to 42 percent or more." The Verge reports: Roblox, which went public in 2021, reported having 79.5 million daily active users in its most recent earnings report. However, Hindenburg claims Roblox "intentionally conflates" actual people with daily users, as that number could also include alt accounts and bots. The research alleges that Roblox can separate alt accounts from single.

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