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India’s GoKwik raised a small M round for a hefty leap in valuation

India’s GoKwik raised a small $13M round for a hefty leap in valuation

Commerce eCommerce GoKwik Peak XV Partners RTP Global Startups Tech-news Think Investments , , , ,

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money.

While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced in May 2022, it has valued the New Delhi-based startup 43% more than its last pre-money valuation of $315 million. The fresh funding also included participation from the startup’s existing investors, namely Z47, Peak XV Partners, and Think Investments, bringing its total fundraising to $68 million since its inception in 2020.

But what has made GoKwik so attractive to investors? Its offerings help companies, big and small, set up shop online and enter the direct-to-consumer (D2C) space.

Image Credits:Jagmeet Singh / TechCrunch

The D2C space is expected to see a significant increase over time as more brands poised to come online target young consumers and the internet reaches new homes. In India, the world’s second-largest internet market after China and the most populous country, the D2C market is expected to reach $60 billion in value by 2027, up from $12 billion in 2022, per a report (PDF) by KPMG.

Currently, GoKwik has more than 12,000 paying merchants, up from 2,500–3,000 a year ago, spread over India, Europe, the UK, and U.S. These merchants use its SaaS products that allow them to set up their online stores powered by Shopify, Magento, Salesforce, and WooCommerce and enable checkout, online payments, and facilities to offer returns and cash-on-delivery options. It also helps brands to do commerce via WhatsApp, a popular platform for businesses and consumers in markets like India, parts of Europe, and Brazil.

GoKwik counts brands like Indian eyewear giant Lenskart, personal care brand Honasa Consumer, cosmetics company Lakmé, London’s Pepe Jeans, and Licester’s Xplosive Ape as customers.

Some of the products that GoKwik offers are also available through other players. For instance, Razorpay and Cashfree Payments offer checkout solutions; Clevertap and MoEngage offer CRM.

But Chirag Taneja, co‑founder and CEO, told TechCrunch that GoKwik’s suite of products is integrated so customers tend to buy at least two of them on average. “If you use our login product, it helps you do retargeting better. Hence, our KwikEngage product emerges there, which is a WhatsApp commerce piece. Similarly, if you use our checkout product, the abandoned cart, for abandoned carts, you end up using our KwikEngage piece,” he said.

This has helped GoKwik increase its annualized revenue by 20% year-over-year, reaching over $30 million in annual recurring revenue (ARR) this year, up from $25 million last year. It has helped brands process a cumulative gross merchandise value of $2 billion, with 55% of transactions involving prepaid payments and 45% cash-on-delivery. Of all the prepaid payments, 80% are via the Indian government’s Unified Payments Interface.

GoKwik co-founder and CEO Chirag TanejaImage Credits:GoKwik

With the fresh funding, GoKwik aims to expand its presence and customer base by entering new markets and deepening its presence in areas where WhatsApp has a large consumer base, such as Germany, France, and Latin American countries including Brazil. The startup also plans to bolster AI’s presence on its products. It already offers solutions such as AI calling for abandoned carts. Furthermore, the startup plans to enable Indian merchants to sell their products to foreign customers with a global checkout solution that would integrate Stripe and other international payment processing services.

GoKwik currently has a runway of 60-70 months, with close to $35–$37 million in the bank, and is targeting profitability within the next 18 months. It also looks to go public within the next 3–5 years. Meanwhile, the startup is attracting investor interest, although Taneja confirmed to TechCrunch that it is not currently raising more funds.

The startup has a headcount of around 400 people, primarily based in its offices in Gurugram and Bengaluru, with a handful of employees also based in the UK.

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As the first week of trial in Musk v. Altman comes to a close, one person has emerged as a critical behind-the-scenes manager of communications and egos in OpenAI’s early years: Shivon Zilis.

A longtime employee of Musk and the mother to four of his children, Zilis joined OpenAI as an adviser in 2016. She later served as a director of its nonprofit board from 2020 until 2023 and has worked as an executive at Musk’s other companies, Neuralink and Tesla.

When asked about the nature of his relationship with Zilis in court, Musk offered several answers. At one point, he called her a “chief of staff.” Later, a “close adviser.” At another point, he said “we live together, and she’s the mother of four of my children,” though Zilis said in a deposition that Musk is more of a regular guest and maintains his own residence. Last September, Zilis told OpenAI’s attorneys that she became romantic with Musk around 2016 after she had become an informal adviser to OpenAI. They had their first two children in 2021, she said.

But OpenAI’s lawyers have made the case in witness testimonies and evidence that her most important role, as it pertains to this lawsuit, is being a covert liaison between OpenAI and Musk, even years after he left the nonprofit’s board in February 2018.

“Do you prefer I stay close and friendly to OpenAI to keep info flowing or begin to disassociate? Trust game is about to get tricky so any guidance for how to do right by you is appreciated,” Zilis wrote in a text message to Musk on February 16, 2018, days before OpenAI announced he was leaving the board. Musk responded, “Close and friendly, but we are going to actively try to move three or four people from OpenAI to Tesla. More than that will join over time, but we won’t actively recruit them.”

When asked about this exchange on the witness stand, Musk said he “wanted to know what’s going on.”

In the same text thread, Musk wrote, “There is little chance of OpenAI being a serious force if I focus on Tesla AI.” Zilis reaffirmed him, saying: “There is very low probability of a good future if someone doesn’t slow Demis down,” referring to Demis Hassabis, the leader of Google DeepMind, who Musk has said he didn’t trust to control a superintelligent AI system. “You don’t realize how much you have an ability to influence him directly or otherwise slow him down. I think you know I’m not a malicious person, but in this case it feels fundamentally irresponsible to not find a way to slow or alter his path.”

Roughly two months later, in an email from April 23, 2018, Zilis updated Musk on OpenAI’s fundraising efforts and progress on a project to develop an AI that could play video games. In the same message, she said she had reallocated most of her time away from OpenAI to his other companies, Neuralink and Tesla, but told him, “If you’d prefer I pull more hours back to OpenAI oversight please let me know.”

Almost a year earlier, in the summer of 2017, OpenAI’s cofounders had started negotiating changes to the organization’s corporate structure—Musk wanted control of the company to start out. In an email from August 28, 2017, Zilis wrote to Musk that she had met with OpenAI president Greg Brockman and cofounder Ilya Sutskever to discuss how equity would be divided up in the new company. She summarized points from the meeting, including that Brockman and Sutskever thought one person shouldn’t have unilateral power over AGI, should they develop it. Musk wrote back to Zilis, “This is very annoying. Please encourage them to go start a company. I’ve had enough.”

#Shivon #Zilis #Operated #Elon #Musks #OpenAI #Insidermodel behavior,artificial intelligence,openai,elon musk,sam altman,neuralink,musk v. altman trial">How Shivon Zilis Operated as Elon Musk’s OpenAI InsiderAs the first week of trial in Musk v. Altman comes to a close, one person has emerged as a critical behind-the-scenes manager of communications and egos in OpenAI’s early years: Shivon Zilis.A longtime employee of Musk and the mother to four of his children, Zilis joined OpenAI as an adviser in 2016. She later served as a director of its nonprofit board from 2020 until 2023 and has worked as an executive at Musk’s other companies, Neuralink and Tesla.When asked about the nature of his relationship with Zilis in court, Musk offered several answers. At one point, he called her a “chief of staff.” Later, a “close adviser.” At another point, he said “we live together, and she’s the mother of four of my children,” though Zilis said in a deposition that Musk is more of a regular guest and maintains his own residence. Last September, Zilis told OpenAI’s attorneys that she became romantic with Musk around 2016 after she had become an informal adviser to OpenAI. They had their first two children in 2021, she said.But OpenAI’s lawyers have made the case in witness testimonies and evidence that her most important role, as it pertains to this lawsuit, is being a covert liaison between OpenAI and Musk, even years after he left the nonprofit’s board in February 2018.“Do you prefer I stay close and friendly to OpenAI to keep info flowing or begin to disassociate? Trust game is about to get tricky so any guidance for how to do right by you is appreciated,” Zilis wrote in a text message to Musk on February 16, 2018, days before OpenAI announced he was leaving the board. Musk responded, “Close and friendly, but we are going to actively try to move three or four people from OpenAI to Tesla. More than that will join over time, but we won’t actively recruit them.”When asked about this exchange on the witness stand, Musk said he “wanted to know what’s going on.”In the same text thread, Musk wrote, “There is little chance of OpenAI being a serious force if I focus on Tesla AI.” Zilis reaffirmed him, saying: “There is very low probability of a good future if someone doesn’t slow Demis down,” referring to Demis Hassabis, the leader of Google DeepMind, who Musk has said he didn’t trust to control a superintelligent AI system. “You don’t realize how much you have an ability to influence him directly or otherwise slow him down. I think you know I’m not a malicious person, but in this case it feels fundamentally irresponsible to not find a way to slow or alter his path.”Roughly two months later, in an email from April 23, 2018, Zilis updated Musk on OpenAI’s fundraising efforts and progress on a project to develop an AI that could play video games. In the same message, she said she had reallocated most of her time away from OpenAI to his other companies, Neuralink and Tesla, but told him, “If you’d prefer I pull more hours back to OpenAI oversight please let me know.”Almost a year earlier, in the summer of 2017, OpenAI’s cofounders had started negotiating changes to the organization’s corporate structure—Musk wanted control of the company to start out. In an email from August 28, 2017, Zilis wrote to Musk that she had met with OpenAI president Greg Brockman and cofounder Ilya Sutskever to discuss how equity would be divided up in the new company. She summarized points from the meeting, including that Brockman and Sutskever thought one person shouldn’t have unilateral power over AGI, should they develop it. Musk wrote back to Zilis, “This is very annoying. Please encourage them to go start a company. I’ve had enough.”#Shivon #Zilis #Operated #Elon #Musks #OpenAI #Insidermodel behavior,artificial intelligence,openai,elon musk,sam altman,neuralink,musk v. altman trial

trial in Musk v. Altman comes to a close, one person has emerged as a critical behind-the-scenes manager of communications and egos in OpenAI’s early years: Shivon Zilis.

A longtime employee of Musk and the mother to four of his children, Zilis joined OpenAI as an adviser in 2016. She later served as a director of its nonprofit board from 2020 until 2023 and has worked as an executive at Musk’s other companies, Neuralink and Tesla.

When asked about the nature of his relationship with Zilis in court, Musk offered several answers. At one point, he called her a “chief of staff.” Later, a “close adviser.” At another point, he said “we live together, and she’s the mother of four of my children,” though Zilis said in a deposition that Musk is more of a regular guest and maintains his own residence. Last September, Zilis told OpenAI’s attorneys that she became romantic with Musk around 2016 after she had become an informal adviser to OpenAI. They had their first two children in 2021, she said.

But OpenAI’s lawyers have made the case in witness testimonies and evidence that her most important role, as it pertains to this lawsuit, is being a covert liaison between OpenAI and Musk, even years after he left the nonprofit’s board in February 2018.

“Do you prefer I stay close and friendly to OpenAI to keep info flowing or begin to disassociate? Trust game is about to get tricky so any guidance for how to do right by you is appreciated,” Zilis wrote in a text message to Musk on February 16, 2018, days before OpenAI announced he was leaving the board. Musk responded, “Close and friendly, but we are going to actively try to move three or four people from OpenAI to Tesla. More than that will join over time, but we won’t actively recruit them.”

When asked about this exchange on the witness stand, Musk said he “wanted to know what’s going on.”

In the same text thread, Musk wrote, “There is little chance of OpenAI being a serious force if I focus on Tesla AI.” Zilis reaffirmed him, saying: “There is very low probability of a good future if someone doesn’t slow Demis down,” referring to Demis Hassabis, the leader of Google DeepMind, who Musk has said he didn’t trust to control a superintelligent AI system. “You don’t realize how much you have an ability to influence him directly or otherwise slow him down. I think you know I’m not a malicious person, but in this case it feels fundamentally irresponsible to not find a way to slow or alter his path.”

Roughly two months later, in an email from April 23, 2018, Zilis updated Musk on OpenAI’s fundraising efforts and progress on a project to develop an AI that could play video games. In the same message, she said she had reallocated most of her time away from OpenAI to his other companies, Neuralink and Tesla, but told him, “If you’d prefer I pull more hours back to OpenAI oversight please let me know.”

Almost a year earlier, in the summer of 2017, OpenAI’s cofounders had started negotiating changes to the organization’s corporate structure—Musk wanted control of the company to start out. In an email from August 28, 2017, Zilis wrote to Musk that she had met with OpenAI president Greg Brockman and cofounder Ilya Sutskever to discuss how equity would be divided up in the new company. She summarized points from the meeting, including that Brockman and Sutskever thought one person shouldn’t have unilateral power over AGI, should they develop it. Musk wrote back to Zilis, “This is very annoying. Please encourage them to go start a company. I’ve had enough.”

#Shivon #Zilis #Operated #Elon #Musks #OpenAI #Insidermodel behavior,artificial intelligence,openai,elon musk,sam altman,neuralink,musk v. altman trial">How Shivon Zilis Operated as Elon Musk’s OpenAI Insider

As the first week of trial in Musk v. Altman comes to a close, one person has emerged as a critical behind-the-scenes manager of communications and egos in OpenAI’s early years: Shivon Zilis.

A longtime employee of Musk and the mother to four of his children, Zilis joined OpenAI as an adviser in 2016. She later served as a director of its nonprofit board from 2020 until 2023 and has worked as an executive at Musk’s other companies, Neuralink and Tesla.

When asked about the nature of his relationship with Zilis in court, Musk offered several answers. At one point, he called her a “chief of staff.” Later, a “close adviser.” At another point, he said “we live together, and she’s the mother of four of my children,” though Zilis said in a deposition that Musk is more of a regular guest and maintains his own residence. Last September, Zilis told OpenAI’s attorneys that she became romantic with Musk around 2016 after she had become an informal adviser to OpenAI. They had their first two children in 2021, she said.

But OpenAI’s lawyers have made the case in witness testimonies and evidence that her most important role, as it pertains to this lawsuit, is being a covert liaison between OpenAI and Musk, even years after he left the nonprofit’s board in February 2018.

“Do you prefer I stay close and friendly to OpenAI to keep info flowing or begin to disassociate? Trust game is about to get tricky so any guidance for how to do right by you is appreciated,” Zilis wrote in a text message to Musk on February 16, 2018, days before OpenAI announced he was leaving the board. Musk responded, “Close and friendly, but we are going to actively try to move three or four people from OpenAI to Tesla. More than that will join over time, but we won’t actively recruit them.”

When asked about this exchange on the witness stand, Musk said he “wanted to know what’s going on.”

In the same text thread, Musk wrote, “There is little chance of OpenAI being a serious force if I focus on Tesla AI.” Zilis reaffirmed him, saying: “There is very low probability of a good future if someone doesn’t slow Demis down,” referring to Demis Hassabis, the leader of Google DeepMind, who Musk has said he didn’t trust to control a superintelligent AI system. “You don’t realize how much you have an ability to influence him directly or otherwise slow him down. I think you know I’m not a malicious person, but in this case it feels fundamentally irresponsible to not find a way to slow or alter his path.”

Roughly two months later, in an email from April 23, 2018, Zilis updated Musk on OpenAI’s fundraising efforts and progress on a project to develop an AI that could play video games. In the same message, she said she had reallocated most of her time away from OpenAI to his other companies, Neuralink and Tesla, but told him, “If you’d prefer I pull more hours back to OpenAI oversight please let me know.”

Almost a year earlier, in the summer of 2017, OpenAI’s cofounders had started negotiating changes to the organization’s corporate structure—Musk wanted control of the company to start out. In an email from August 28, 2017, Zilis wrote to Musk that she had met with OpenAI president Greg Brockman and cofounder Ilya Sutskever to discuss how equity would be divided up in the new company. She summarized points from the meeting, including that Brockman and Sutskever thought one person shouldn’t have unilateral power over AGI, should they develop it. Musk wrote back to Zilis, “This is very annoying. Please encourage them to go start a company. I’ve had enough.”

#Shivon #Zilis #Operated #Elon #Musks #OpenAI #Insidermodel behavior,artificial intelligence,openai,elon musk,sam altman,neuralink,musk v. altman trial

TL;DR: The GoCable 8-in-1 EDC 100W Cable is on sale for $21.99 (reg. $49.99) and combines fast charging, data transfer, and built-in tools in one compact design.

$21.99
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If you’re always untangling cords or looking for the right adapter, this small upgrade can make travel or your daily routine a lot easier. The GoCable 8-in-1 EDC cable is built to replace a handful of cables and tools with just one compact pick, and it is currently on sale for $21.99 (reg. $49.99).

It’s a 100W charging cable, so it can handle everything from your phone to your laptop. All you have to do is just plug into a compatible charger. You’ll get faster charging than standard cables, plus quick data transfer when you need to move files.

Mashable Deals

By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use.

The 8-in-1 comes from all the added features. You get universal connectors like USB-C and Lightning, so you can charge most devices without carrying extra cords. There’s even an LED display for a quick check to see if your device is charging.

Aside from charging, it makes everyday transport easier. A magnetic wrap keeps the cable tangle-free, while the built-in carabiner makes it easy to clip to a bag or keychain. There’s also a bottle opener and a small, safety-designed cutter tucked into the design for quick, practical tasks.

This kind of all-in-one cable makes the most sense for people who travel often, commute with multiple devices, or just want to cut down on clutter. Instead of carrying separate cords for your phone, laptop, and accessories, you’ve got one cable that covers most of the basics.

At $21.99 (reg. $49.99), the GoCable is an easy way to streamline your setup without spending a lot on multiple chargers. If you’re ready to stop digging for the right cable, this quick swap helps keep things organized.

StackSocial prices subject to change.

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#8in1 #cable #simplifies #charging">This 8-in-1 cable simplifies charging on the go TL;DR: The GoCable 8-in-1 EDC 100W Cable is on sale for .99 (reg. .99) and combines fast charging, data transfer, and built-in tools in one compact design. .99 .99 Save .00   If you’re always untangling cords or looking for the right adapter, this small upgrade can make travel or your daily routine a lot easier. The GoCable 8-in-1 EDC cable is built to replace a handful of cables and tools with just one compact pick, and it is currently on sale for .99 (reg. .99).It’s a 100W charging cable, so it can handle everything from your phone to your laptop. All you have to do is just plug into a compatible charger. You’ll get faster charging than standard cables, plus quick data transfer when you need to move files. Mashable Deals By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use. The 8-in-1 comes from all the added features. You get universal connectors like USB-C and Lightning, so you can charge most devices without carrying extra cords. There’s even an LED display for a quick check to see if your device is charging.Aside from charging, it makes everyday transport easier. A magnetic wrap keeps the cable tangle-free, while the built-in carabiner makes it easy to clip to a bag or keychain. There’s also a bottle opener and a small, safety-designed cutter tucked into the design for quick, practical tasks.This kind of all-in-one cable makes the most sense for people who travel often, commute with multiple devices, or just want to cut down on clutter. Instead of carrying separate cords for your phone, laptop, and accessories, you’ve got one cable that covers most of the basics.At .99 (reg. .99), the GoCable is an easy way to streamline your setup without spending a lot on multiple chargers. If you’re ready to stop digging for the right cable, this quick swap helps keep things organized. Mashable Deals By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use. StackSocial prices subject to change.Not the day you’re after? Here’s the solution to the latest Connections. #8in1 #cable #simplifies #charging

GoCable 8-in-1 EDC 100W Cable is on sale for $21.99 (reg. $49.99) and combines fast charging, data transfer, and built-in tools in one compact design.

$21.99
$49.99 Save $28.00

 

If you’re always untangling cords or looking for the right adapter, this small upgrade can make travel or your daily routine a lot easier. The GoCable 8-in-1 EDC cable is built to replace a handful of cables and tools with just one compact pick, and it is currently on sale for $21.99 (reg. $49.99).

It’s a 100W charging cable, so it can handle everything from your phone to your laptop. All you have to do is just plug into a compatible charger. You’ll get faster charging than standard cables, plus quick data transfer when you need to move files.

Mashable Deals

By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use.

The 8-in-1 comes from all the added features. You get universal connectors like USB-C and Lightning, so you can charge most devices without carrying extra cords. There’s even an LED display for a quick check to see if your device is charging.

Aside from charging, it makes everyday transport easier. A magnetic wrap keeps the cable tangle-free, while the built-in carabiner makes it easy to clip to a bag or keychain. There’s also a bottle opener and a small, safety-designed cutter tucked into the design for quick, practical tasks.

This kind of all-in-one cable makes the most sense for people who travel often, commute with multiple devices, or just want to cut down on clutter. Instead of carrying separate cords for your phone, laptop, and accessories, you’ve got one cable that covers most of the basics.

At $21.99 (reg. $49.99), the GoCable is an easy way to streamline your setup without spending a lot on multiple chargers. If you’re ready to stop digging for the right cable, this quick swap helps keep things organized.

StackSocial prices subject to change.

Not the day you’re after? Here’s the solution to the latest Connections.

#8in1 #cable #simplifies #charging">This $22 8-in-1 cable simplifies charging on the go

TL;DR: The GoCable 8-in-1 EDC 100W Cable is on sale for $21.99 (reg. $49.99) and combines fast charging, data transfer, and built-in tools in one compact design.

$21.99
$49.99 Save $28.00

 

If you’re always untangling cords or looking for the right adapter, this small upgrade can make travel or your daily routine a lot easier. The GoCable 8-in-1 EDC cable is built to replace a handful of cables and tools with just one compact pick, and it is currently on sale for $21.99 (reg. $49.99).

It’s a 100W charging cable, so it can handle everything from your phone to your laptop. All you have to do is just plug into a compatible charger. You’ll get faster charging than standard cables, plus quick data transfer when you need to move files.

Mashable Deals

By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use.

The 8-in-1 comes from all the added features. You get universal connectors like USB-C and Lightning, so you can charge most devices without carrying extra cords. There’s even an LED display for a quick check to see if your device is charging.

Aside from charging, it makes everyday transport easier. A magnetic wrap keeps the cable tangle-free, while the built-in carabiner makes it easy to clip to a bag or keychain. There’s also a bottle opener and a small, safety-designed cutter tucked into the design for quick, practical tasks.

This kind of all-in-one cable makes the most sense for people who travel often, commute with multiple devices, or just want to cut down on clutter. Instead of carrying separate cords for your phone, laptop, and accessories, you’ve got one cable that covers most of the basics.

At $21.99 (reg. $49.99), the GoCable is an easy way to streamline your setup without spending a lot on multiple chargers. If you’re ready to stop digging for the right cable, this quick swap helps keep things organized.

StackSocial prices subject to change.

Not the day you’re after? Here’s the solution to the latest Connections.

#8in1 #cable #simplifies #charging

Roblox says Q1 growth was “tempered by greater-than-expected headwinds” due to the rollout of its age-check features, which “slowed new user acquisition.” Russia’s December 2025 ban on Roblox also helped drive the number of daily active users down.

Earlier this month, Roblox expanded its age restrictions to include the types of games users in different age brackets can access, and the company will “implement additional improvements designed to facilitate age-appropriate access to content and product features” over the next few quarters. The company says its safety push will lower Roblox’s “expectations for topline growth in 2026.”

Thursday’s earnings report says 51 percent of global daily active users have gotten their age checked through the end of the first quarter. In the US specifically, 65 percent of active users have age-checked.

Roblox has also recently pushed to increase the number of games on its platform targeted at users who are older than 18. On Thursday, the company announced that it’s increasing its Developer Exchange rate by 42 percent for in-game spending from age-checked users over 18.

#Robloxs #daily #users #continue #drop #agechecks #slow #growthGaming,News,PC Gaming,Tech">Roblox’s daily users continue to drop as age-checks slow growthRoblox’s daily active users continued to slip last quarter due in part to its rollout of age checks on its platform. According to its latest earnings report, Roblox currently has 132 million daily active users globally, down from 144 million at the end of last year, which was a drop from 152 million in Q3 2025. In the US and Canada, the number of active users dropped by one million from the previous quarter, while Roblox’s revenue still grew to .4 billion.Roblox says Q1 growth was “tempered by greater-than-expected headwinds” due to the rollout of its age-check features, which “slowed new user acquisition.” Russia’s December 2025 ban on Roblox also helped drive the number of daily active users down.Earlier this month, Roblox expanded its age restrictions to include the types of games users in different age brackets can access, and the company will “implement additional improvements designed to facilitate age-appropriate access to content and product features” over the next few quarters. The company says its safety push will lower Roblox’s “expectations for topline growth in 2026.”Thursday’s earnings report says 51 percent of global daily active users have gotten their age checked through the end of the first quarter. In the US specifically, 65 percent of active users have age-checked.Roblox has also recently pushed to increase the number of games on its platform targeted at users who are older than 18. On Thursday, the company announced that it’s increasing its Developer Exchange rate by 42 percent for in-game spending from age-checked users over 18.#Robloxs #daily #users #continue #drop #agechecks #slow #growthGaming,News,PC Gaming,Tech

earnings report, Roblox currently has 132 million daily active users globally, down from 144 million at the end of last year, which was a drop from 152 million in Q3 2025. In the US and Canada, the number of active users dropped by one million from the previous quarter, while Roblox’s revenue still grew to $1.4 billion.

Roblox says Q1 growth was “tempered by greater-than-expected headwinds” due to the rollout of its age-check features, which “slowed new user acquisition.” Russia’s December 2025 ban on Roblox also helped drive the number of daily active users down.

Earlier this month, Roblox expanded its age restrictions to include the types of games users in different age brackets can access, and the company will “implement additional improvements designed to facilitate age-appropriate access to content and product features” over the next few quarters. The company says its safety push will lower Roblox’s “expectations for topline growth in 2026.”

Thursday’s earnings report says 51 percent of global daily active users have gotten their age checked through the end of the first quarter. In the US specifically, 65 percent of active users have age-checked.

Roblox has also recently pushed to increase the number of games on its platform targeted at users who are older than 18. On Thursday, the company announced that it’s increasing its Developer Exchange rate by 42 percent for in-game spending from age-checked users over 18.

#Robloxs #daily #users #continue #drop #agechecks #slow #growthGaming,News,PC Gaming,Tech">Roblox’s daily users continue to drop as age-checks slow growth

Roblox’s daily active users continued to slip last quarter due in part to its rollout of age checks on its platform. According to its latest earnings report, Roblox currently has 132 million daily active users globally, down from 144 million at the end of last year, which was a drop from 152 million in Q3 2025. In the US and Canada, the number of active users dropped by one million from the previous quarter, while Roblox’s revenue still grew to $1.4 billion.

Roblox says Q1 growth was “tempered by greater-than-expected headwinds” due to the rollout of its age-check features, which “slowed new user acquisition.” Russia’s December 2025 ban on Roblox also helped drive the number of daily active users down.

Earlier this month, Roblox expanded its age restrictions to include the types of games users in different age brackets can access, and the company will “implement additional improvements designed to facilitate age-appropriate access to content and product features” over the next few quarters. The company says its safety push will lower Roblox’s “expectations for topline growth in 2026.”

Thursday’s earnings report says 51 percent of global daily active users have gotten their age checked through the end of the first quarter. In the US specifically, 65 percent of active users have age-checked.

Roblox has also recently pushed to increase the number of games on its platform targeted at users who are older than 18. On Thursday, the company announced that it’s increasing its Developer Exchange rate by 42 percent for in-game spending from age-checked users over 18.

#Robloxs #daily #users #continue #drop #agechecks #slow #growthGaming,News,PC Gaming,Tech

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