In November 2022, the streaming company had announced it was laying off 200 US employees, or roughly 7 per cent of its workforce
The promise of growth that has attracted investors to the Los Gatos, California-based company also drove its stock to lofty valuations
Chinese manufacturer Hisense will market televisions with Roku TV in the United Kingdom from the fourth quarter, with other European markets to follow
In the quarter ended June 30, company posted a net loss of $15.5 mn, bigger than $14.1 mn loss in the year-ago quarter
The company listed an initial offering size of $100 million