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About the company
Meta Platforms, Inc. builds technology that helps people connect and share, find communities, and grow businesses. The Company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, and wearables. It operates through two segments: Family of Apps (FoA) and Reality Labs (RL). The FoA segment includes Facebook, Instagram, Messenger, Threads and WhatsApp. The RL includes augmented, mixed and virtual reality related consumer hardware, software, and content. Instagram is a place where people and creators can connect and express themselves through photos, video, and private messaging, and discover and shop from their favorite businesses. Threads is an application for text-based updates and public conversations. Its RL product offerings in VR include Meta Quest devices, and software and content available through the Meta Quest Store, which enable a range of social experiences.
- Revenue in USD (TTM)142.71bn
- Net income in USD45.76bn
- Incorporated2004
- Employees69.33k
- LocationMeta Platforms Inc1 Meta WayMENLO PARK 94025United StatesUSA
- Phone+1 (650) 543-4800
- Fax+1 (302) 636-5454
- Websitehttps://www.meta.com/
Mergers & acquisitions
Acquired company | META:NSQ since announced | Transaction value |
---|---|---|
Whisper.AI Inc | 68.86% | -- |
Holder | Shares | % Held |
---|---|---|
The Vanguard Group, Inc.as of 31 Dec 2023 | 176.80m | 8.04% |
Fidelity Management & Research Co. LLCas of 31 Dec 2023 | 123.62m | 5.62% |
BlackRock Fund Advisorsas of 31 Dec 2023 | 104.04m | 4.73% |
SSgA Funds Management, Inc.as of 31 Dec 2023 | 89.09m | 4.05% |
Geode Capital Management LLCas of 31 Dec 2023 | 45.92m | 2.09% |
T. Rowe Price Associates, Inc. (Investment Management)as of 31 Dec 2023 | 42.48m | 1.93% |
Capital Research & Management Co. (World Investors)as of 31 Dec 2023 | 38.05m | 1.73% |
Capital Research & Management Co. (International Investors)as of 31 Dec 2023 | 34.74m | 1.58% |
JPMorgan Investment Management, Inc.as of 31 Dec 2023 | 33.09m | 1.50% |
Norges Bank Investment Managementas of 31 Dec 2023 | 31.88m | 1.45% |