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0.00137970865686969 0.00317653853558368 0.00179682987871399 0.00391452223576965 -0.000513379965346933 -0.000417121221844303 0.00365719052813957 0.000224603734839226
Stock impact report

Roblox opens up new ad format as it looks to build its ads business [Seeking Alpha]

e.l.f. Beauty, Inc. (ELF) 
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.elfcosmetics.com
Company Research Source: Seeking Alpha
Users will now see video advertisements running on virtual billboards and other screens within the platform's virtual relams, featuring content from brands such as e.l.f. Beauty ( ELF ), Walmart ( WMT ) and Warner Bros. ( WBD The ads will allow advertisers to reach Gen Z customers, who represent over half the platform's 71.5 million daily active users. According to Roblox ( RBLX ), Gen Z users are its top-spending demographic. "By advertising on Roblox, brands can create deeper connections and engage tens of millions of Gen Z users who represent our top-spending demographic and spend millions of hours here daily," said Stephanie Latham, vice president of global brand partnerships. Roblox had hired Latham , a former Meta ( META ) advertising executive, in October 2023 to help attract more brands to its platform. The company's emphasis on its Gen Z audience highlights its ambitions to compete for ad dollars with traditional digital advertising players like Meta Platforms ( META Show less Read more
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