Meta Platforms Inc.
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About Meta Platforms Inc.
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta’s overall sales.
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Meta Platforms, Inc. (META) is a US-based technology company that develops digital platforms, communication services, and extended reality (XR) products such as virtual and augmented reality devices. Founded in 2004 and headquartered in Menlo Park, California, Meta operates some of the world’s most widely used social applications, including Facebook, Instagram, WhatsApp, and Messenger.
The company generates the majority of its revenue through digital advertising across its family of apps. It also develops virtual reality (VR) and augmented reality (AR) hardware and software through its Reality Labs division. This includes the Meta Quest headset line and supporting tools for immersive interaction and content creation.
Meta continues to invest in AI infrastructure and large language models, integrating generative AI across its platforms and user-facing features.
Meta is listed on the NASDAQ stock exchange.
