Meta Platforms, Inc.

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

META | NDAQ

Overview

Corporate Details

ISIN(s):: N/A
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.

Peer Companies

Company	Country	Ticker
abrdn National Municipal Income Fund A fund investing in municipal bonds for tax-exempt income while preserving capital.	United States of America	VFL
abrdn Palladium ETF Trust Offers an ETF backed by physical palladium for investors seeking exposure to the metal's price.	United States of America	PALL
abrdn Precious Metals Basket ETF Trust Offers an ETF with physically-backed exposure to a basket of gold, silver, platinum & palladium.	United States of America	GLTR
abrdn Silver ETF Trust Offers a physically-backed ETF for simple, cost-effective exposure to the silver bullion market.	United States of America	SIVR
abrdn Total Dynamic Dividend Fund Seeks high dividend income and capital growth from a global portfolio of dividend-paying stocks.	United States of America	AOD
AB Sagax Invests in and manages warehouse and light industrial properties across European markets.	Sweden	SAGA
ACACIA RESEARCH CORP An investment firm that acquires and operates undervalued tech, energy, and industrial companies.	United States of America	ACTG
Acadian Asset Management Inc. A global quantitative investment firm offering data-driven systematic strategies to institutions.	United States of America	AAMI
ACADIA REALTY TRUST A REIT that owns, manages, and redevelops open-air retail in dense urban and suburban markets.	United States of America	AKR
Acanthe Développement SE Manages a premium portfolio of corporate real estate located almost exclusively in central Paris.	France	ACAN