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Roblox reports Q4 revenue up 32% to $988.2M, bookings up 21% YoY to $1.36B, below est., DAUs up 19% YoY to 85.3M, below 88.4M est.; RBLX falls 20%+ pre-market (Cecilia D'Anastasio/Bloomberg)

Cecilia D'Anastasio / Bloomberg : Roblox reports Q4 revenue up 32% to $988.2M, bookings up 21% YoY to $1.36B, below est., DAUs up 19%...

6 February 2025

China's mini-drama industry grew 35% YoY to ~$6.91B in 2024, surpassing the country's box office and forcing iQiyi and Tencent to embrace short-form dramas (Sohee Kim/Bloomberg)

Sohee Kim / Bloomberg:
China's mini-drama industry grew 35% YoY to ~$6.91B in 2024, surpassing the country's box office and forcing iQiyi and Tencent to embrace short-form dramas  —  - New kind of web series tell stories in ultra-brief episodes  — Chinese companies are now exporting mini dramas to the US

Posted from: this blog via Microsoft Power Automate.

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