Meta Platforms, Inc.

Offers social apps funded by ads and develops VR/AR hardware for the metaverse.

META | NDAQ

Overview

Corporate Details

ISIN(s):: US30303M1027
LEI:
Country:: United States of America
Address:: 1 META WAY, 94025 MENLO PARK
Website:: https://www.meta.com/
Sector:: Mining and quarrying
Industry:: Extraction of natural gas

Description

Meta Platforms, Inc. is a multinational technology conglomerate that develops social connection technologies. The company's core business revolves around its Family of Apps segment, which includes globally recognized social media and messaging platforms such as Facebook, Instagram, WhatsApp, Messenger, and Threads. Revenue is primarily generated through the sale of advertising placements to marketers. A secondary focus is the Reality Labs segment, which is dedicated to building the metaverse through the development and sale of consumer hardware, software, and content. Key products in this division include Meta Quest virtual reality headsets and Ray-Ban Meta smart glasses. Originally founded as Facebook in 2004, the company rebranded in 2021 to reflect its long-term vision of building the next evolution in social technology.

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Insider Transactions

Date	Insider Name	Position	Type	Shares	Value
No insider transactions recorded for this company.

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