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Meta Platforms Inc., formerly Facebook Inc., is one of the world's largest technology companies. It was founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
It operates primarily in the Technology sector, offering digital services through social media platforms and emerging technologies.
Meta’s product portfolio includes globally popular platforms as:
- Facebook, the largest social network;
- Instagram, a photo and video sharing app;
- WhatsApp, for instant messaging;
- Messenger, Facebook’s communication tool;
- Threads, a direct competitor to Twitter.
The company also invests in the Metaverse through its Reality Labs division, which develops virtual reality (VR) and augmented reality (AR) technologies, including Oculus devices.
Meta operates in over 190 countries, with offices in key markets such as the United States, Brazil, Ireland, the United Kingdom, Singapore, and India.
Its platforms reach more than 3 billion people monthly who use at least one of its services. The business model relies heavily on digital advertising, which accounts for the majority of its revenue.
Meta is also developing new revenue streams through the Metaverse, artificial intelligence solutions, and VR advancements. Its shares are traded in the U.S. under the ticker META.
History and Founding Meta Platforms Inc
Meta Platforms Inc. was founded in 2004 in Cambridge, Massachusetts (USA), originally as Facebook Inc., with the goal of connecting university students through a digital platform.
Rapid user growth led to expansion across other universities and eventually to the global public.
Starting in 2008, the company expanded aggressively, surpassing 100 million users. In 2012, Facebook acquired Instagram for USD 1 billion, strengthening its position in visual media.
That same year, it held its initial public offering (IPO) on NASDAQ, raising approximately USD 16 billion—one of the largest IPOs in tech history.
In 2014, it acquired WhatsApp for USD 19 billion, becoming a global leader in digital communication. That year, it also bought Oculus VR for USD 2 billion, marking its entry into the virtual reality market.
In 2021, the company rebranded as Meta Platforms Inc., signaling a strategic shift from social media to Metaverse development.
Between 2020 and 2024, Meta intensified investments in immersive tech, artificial intelligence, and the evolution of its digital platforms.
In 2023, it launched Threads, a text-based communication platform in response to rising competition among social networks.
Meta has also faced global regulatory challenges, particularly around data protection laws and privacy policy changes by major tech firms like Apple.
Today, Meta remains a leading force in the tech industry, positioning itself as one of the most influential companies in the world.
Additional Information
The Company Facebook Inc (United States), is listed on Nasdaq with a market cap of $ 461.86 Billions, having an equity of $ 123.23 Billions.
With a total of 59.000 employees, the company is listed in the sector of Technology and categorized in industry of Computer Services.
In the last 12 months the Company had a revenue of $ 119.67 Billions, which generated a profit in the amount of $ 37.34 Billions.
As for its main indicators, the Company has a P/E ratio of 12.37, a P/BV ratio of 3.75 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker FB.
