“Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in a statement. “Our costs always ended up overwhelming the revenue we ...
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Roblox competitor Rec Room is shutting down despite 150 million users and a $3.5B valuation
On 1st June, the Seattle-based social gaming firm Rec Room will pull the plug on its platform, a move that casts doubt on what lies ahead for its staff and the company, which was once worth $3.5 ...
Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by ...
Add Yahoo as a preferred source to see more of our stories on Google. Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming ...
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