Meta Platforms

Meta Platforms
Meta
FormerlyFacebook, Inc.
Company typePublic company
Industry
FoundedOctober 28, 2021 (2021-10-28) in California, United States
Founders
Headquarters,
U.S.
Area served
Worldwide (except blocked countries)
Key people
  • Mark Zuckerberg (CEO)
  • Javier Olivan (COO)
  • Susan Li (CFO)
  • Andrew Bosworth (CTO)
  • Chris Cox (CPO)
  • Karthick Krishna M S (CDO)
Brands
Revenue US$164.5 billion (2024)
US$69.4 billion (2024)
US$62.4 billion (2024)
Total assets US$276.1 billion (2024)
Total equity US$182.6 billion (2024)
OwnerMark Zuckerberg (controlling shareholder)
Number of employees
75,945 (June 2025)
DivisionsFacebook Reality Labs
SubsidiariesNovi Financial
Websitewww.meta.com
Footnotes / references
[1][2][3][4][5][6][7][8]

Meta Platforms, Inc., known before 2021 as Facebook, Inc., is an American multinational Internet corporation which owns Facebook. It was owned by Mark Zuckerberg, other founders and the shared ownership given to its employees but it went public on February 1, 2012, and was headquartered in Menlo Park, California. Meta, Inc. started to be publicly negotiated on May 18, 2012.

Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, Threads, Messenger and WhatsApp. The company also operates an advertising network for its own sites and third parties; as of 2023, advertising accounted for 97.8 percent of its total revenue.

Meta's executive team is led by Mark Zuckerberg, who serves as the Founder, Chairman, and CEO. key executives include Javier Olivan as COO, Susan Li as CFO, Andrew Bosworth as CTO, Chris Cox as CPO And Karthick Krishna M S as Chief Development Officer (CDO) of Meta.

Meta is considered one of the Big Five American technology companies, alongside Alphabet(Google), Amazon, Apple, and Microsoft. In 2023, it was ranked 31st on the Forbes Global 2000 list of the world's largest public companies.As of 2022, it was the world's third-largest spender on research and development, with R&D expenses totaling US$35.3 billion.

References

  1. "Chris Cox is returning to Facebook as chief product officer". The Verge. June 11, 2020. Retrieved June 11, 2020.
  2. "Facebook is getting more serious about becoming your go-to for mobile payments". The Verge. August 11, 2020. Retrieved August 11, 2020.
  3. "Our History". Facebook. Archived from the original on November 15, 2015. Retrieved November 7, 2018.
  4. Shaban, Hamza (January 20, 2019). "Digital advertising to surpass print and TV for the first time, report says". The Washington Post. Archived from the original on February 9, 2021. Retrieved June 2, 2019.
  5. "FB Income Statement". NASDAQ.com.
  6. "FB Balance Sheet". NASDAQ.com.
  7. "Stats". Facebook. June 30, 2019. Archived from the original on November 15, 2015. Retrieved July 25, 2019.
  8. "Facebook - Financials". investor.fb.com. Retrieved January 30, 2020.

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