Roblox Stock Rises On New Online Advertising Initiative
Briefly

Roblox has launched Rewarded Video Ads, allowing players to watch video ads for in-game rewards. This new ad format has received positive attention from Wall Street, contributing to a rise in Roblox stock. Collaborating with Google and other partners like Kantar and Nielsen, Roblox aims to enhance advertising measurement effectiveness. The initiative is tailored for brands targeting the growing Gen Z audience who frequent immersive gaming environments. Analysts have responded favorably and see significant opportunities in Roblox's advertising potential.
Roblox's new Rewarded Video Ads allow users to watch ads for in-game benefits, marking a significant innovation praised by analysts.
The partnerships with Google, Cint, and others aim to enhance measurement of advertising effectiveness specifically for immersive gaming platforms like Roblox.
Read at Investor's Business Daily
[
|
]