Meta Platforms, Inc.

Meta Platforms develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses globally. Its business is organized into two segments: Family of Apps (FoA) and Reality Labs (RL). The FoA segment includes Facebook, Instagram, Messenger, Meta AI, Threads, and WhatsApp. Facebook offers features like feed, reels, stories, groups, and marketplace. Instagram focuses on feed, stories, reels, live, and messaging. Messenger provides text, audio, and video calls. Meta AI is an assistant available across apps and on AI glasses. Threads is for text-based updates and public conversations. WhatsApp enables communication and transactions for people and businesses. The RL segment provides virtual and augmented reality products, including Meta Quest devices for gaming, fitness, and entertainment, as well as wearables like Ray-Ban Meta and Oakley Meta glasses, and the Meta Neural Band.

Meta Platforms is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol META. The company trades in US Dollars (USD). As a US-based company, its shares are primarily traded on this major US stock exchange, which is part of the Nasdaq stock market. Investors can buy and sell META shares during regular trading hours on NasdaqGS, and the stock is also available through various brokerage platforms worldwide. The currency denomination in USD means that the stock price and dividends, if any, are quoted and paid in US dollars.

Meta Platforms operates in the Communication Services sector and is classified under the Internet Content & Information industry. This sector includes companies that provide communication services, such as telecommunications, media, and internet-based services. The Internet Content & Information industry specifically covers businesses that create or distribute content and information online, including social media platforms, search engines, and digital publishing. Meta's core products like Facebook, Instagram, and WhatsApp are social networking and messaging services that generate revenue primarily through advertising, making it a key player in the digital advertising market. Its Reality Labs segment also positions it in the emerging VR and AR space.

Meta Platforms is headquartered in the United States and serves a global market. The company's products are used worldwide, with Facebook, Instagram, Messenger, and WhatsApp having billions of users across different countries and regions. Meta's description indicates it operates globally, enabling people to connect and share through various devices. While the headquarters location is not explicitly stated in the provided data, the country is listed as the United States, and the region is 'us', implying its primary base is in the US. The company's services are available in multiple languages and adapted to local markets, making it a truly international platform.

Meta Platforms generates revenue primarily through advertising on its Family of Apps (FoA) segment, which includes Facebook, Instagram, Messenger, and WhatsApp. Advertisers pay to reach users based on targeting and engagement. The company also earns revenue from other sources such as fees from transactions on WhatsApp Business and sales of virtual and augmented reality products through its Reality Labs (RL) segment. The RL segment includes consumer hardware like Meta Quest VR headsets, software, and content, as well as wearables like Ray-Ban Meta and Oakley Meta glasses, and the Meta Neural Band. However, the majority of Meta's revenue comes from advertising, as the FoA segment represents the core of its business model.