META Meta Platforms Inc
Market Cap
403.36B
Dayโs Range
52W Range
Volume (3M)
39.11M
Price-Earnings Ratio
14.46
Revenue
118.12B
Meta Platforms Inc Latest News
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About Meta Platforms Inc
Meta Platforms Inc is the umbrella company for all apps and technologies previously under the Facebook, Inc brand. During the 2021 rebrand, founder and CEO Mark Zuckerberg explained that the technology conglomerate was refocusing on the next chapter of the internet, which he dubs the โmetaverseโ. The metaverse will be an immersive, virtual environment that uses holographic, augmented reality and virtual reality technologies to provide a 3D digital space for gaming, communication and social interaction.
Founded in 2004, Meta began as the online social networking site Facebook, which expanded to become one of the largest โbig techโ companies in the world, encompassing other well known digital brands like Instagram and WhatsApp. As of 2021, Facebook is the world's biggest social network, with 2.91 billion active users. At least 3.51 billion people were using one of Facebook, Messenger, Instagram or WhatsApp per month in the same year.
The companyโs IPO in 2012 was one of the largest in history at the time, raising over $16 billion. Headquartered in Menlo Park, California, the company trades on the Nasdaq under the ticker META.
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Show More71.9K
Employees
Menlo Park, California, US
HQ
2004
Founded
Mark Elliot Zuckerberg
CEO
Upcoming Earnings
1
FEB
REPORTS
Meta Platforms Inc Q4 2022 earnings report is expected to be released after market open
Get insight into a company's sustainability using ESG (environmental, social, and governance) scores.
0
100
52
Medium
Industry
Avg. 46
65
Environment
50
Social
49
Governance
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