The gaming platform's algorithm may help it identify popular concepts before competitors, as it did with 'Grow A Garden,' ...

Shares of Roblox, which operates a virtual place where people play and make transactions, rose almost 13% after the company posted its December metrics.

Roblox widened its loss last quarter, even as revenue, net bookings and engagement improved. The videogame company reported a quarterly loss of $323.7 million, versus $289.9 million a year earlier.

Roblox shares finished at their strongest price in more than two months on Tuesday. The 12% rally was sparked by the December bookings report from the online games platform.

Roblox Sees 23% September Rise In Users, But They’re Spending Less. ByMaria Gracia Santillana Linares. Follow Author. Share. Save. Leadership. Editors' Pick.

More than 25 million children around the world use Roblox - a free to use platform that lets you play millions of different games, or build your own game and let other people play it. But there's ...