Meta Platforms Inc - Company Profile
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Meta Platforms Inc (Meta), formerly Facebook Inc, is a provider of social networking, advertising, and business insight solutions. Through its major products Facebook, Instagram, Oculus, Messenger, and WhatsApp, the company connects people with their friends, and families, and co-workers across the world, and helps them discover new products and services from local and global businesses. It enables people to share their opinions, ideas, photos and videos, and other activities through mobile devices and personal computers with audiences ranging from their closest friends to public. Meta sells advertising placements for marketers to reach people based on various factors including age, gender, location, interests, and behavior. The company has business presence across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Meta is headquartered in Menlo Park, California, the US.
Headquarters
United States of America
Address
1 Meta Way, Menlo Park, California, 94025
Website
www.meta.com
Telephone
1 650 5434800
No of Employees
66,185
Industry
Technology and Communications
Ticker Symbol & Exchange
META (NASD)
Revenue (2022)
$116.6B
-1.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-41.1%
(2022 vs 2021)
Market Cap*
$818.0B
Net Profit Margin (2022)
XYZ
-40.4%
(2022 vs 2021)
* As of and is in US$
Meta Platforms Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Online Service Provider | |
| Instant Messaging Services | |
| Online Community Services | |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company and IBM launched the AI Alliance in collaboration with founding members and collaborators. |
| 2023 | New Products/Services | In November, the company launched Emu Video and Emu Edit, an AI-based features for video editing. |
| 2023 | New Products/Services | In November, the company introduced a paid, ad-free version of Facebook and Instagram in Europe. |
Competitor Comparison
| Key Parameters | Meta Platforms Inc | Amazon.com Inc | Apple Inc | Alphabet Inc | Microsoft Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Menlo Park | Seattle | Cupertino | Mountain View | Redmond |
| State/Province | California | Washington | California | California | Washington |
| No. of Employees | 66,185 | 1,500,000 | 161,000 | 182,381 | 221,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Zuckerberg | Chief Executive Officer; Chairman | Executive Board | 2012 | 38 |
| Susan Li | Chief Financial Officer | Senior Management | 2022 | 37 |
| Javier Olivan | Chief Operating Officer | Senior Management | 2022 | 45 |
| David M. Wehner | Chief Strategy Officer | Senior Management | 2022 | - |
| Andrew Bosworth | Chief Technology Officer | Senior Management | 2022 | 41 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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