Meta Platforms Inc - CEDEAR (METAC)

Profile

https://www.meta.com

Meta Platforms Inc - CEDEAR is a certificate of deposit representing shares in Meta Platforms, Inc., a leading technology company in the communication services sector. Meta Platforms Inc operates the world's largest social media ecosystem through its Family of Apps, including Facebook, Instagram, Messenger, WhatsApp, and Threads, enabling billions of users to connect, share content, and communicate across mobile devices, personal computers, and emerging hardware like virtual reality headsets and AI glasses. The company generates revenue primarily by packaging user data from its platforms to deliver targeted advertising to businesses worldwide, serving digital advertisers in diverse industries. Additionally, Meta Platforms Inc maintains a Reality Labs segment focused on advanced technologies such as virtual and augmented reality devices. This structure positions it as a key player in digital advertising, social networking, and immersive tech markets, impacting consumer engagement, e-commerce, and content distribution globally. Founded in 2004 and headquartered in Menlo Park, California, Meta Platforms Inc continues to drive innovation in online connectivity and advertising solutions.