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 global technology company that develops products and services for digital communication, social networking, and virtual interaction. Founded in 2004 and headquartered in Menlo Park, California, Meta operates platforms including Facebook, Instagram, WhatsApp, and Messenger, which serve billions of users worldwide.
The company generates most of its revenue through digital advertising across its family of apps. In addition to its core social media platforms, Meta develops hardware and software for virtual reality (VR) and augmented reality (AR) through its Reality Labs division. This includes the Meta Quest product line and the development of immersive computing technologies for future applications in the metaverse.
Meta is listed on the NASDAQ stock exchange.
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