Meta's applications, including Facebook, Instagram, and WhatsApp, are major players in the global social commerce market, which is predicted to reach $17.83T by 2033.
1 report, 1 independent
Updated Aug 23
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What happened
Meta's applications, including Facebook, Instagram, and WhatsApp, are major players in the global social commerce market, which is predicted to reach $17.83T by 2033.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Meta operates Instagram and owns Facebook, which is being used by users in Zimbabwe.Sub-event
- Analytica illegally harvested Facebook user data, which is owned by Meta and its parent company, Facebook.Sub-event
- Meta's portfolio includes Instagram app, Messenger is part of Meta's product family, and Meta acquired WhatsApp messaging app.Sub-event
Meta's apps are driving the global social commerce market, projected to hit $17.83T by 2033.1 source
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The entities involved
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Meta
American technology company
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Facebook
American online social media and social networking service
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Instagram
photo and video sharing social network owned by Meta Platforms
Related events
- Meta operates Instagram and Facebook globally, with its largest user base currently in India.
- Meta, Snap, and ByteDance are intensifying competition for user engagement and advertising dollars.
- Meta operates platforms including WhatsApp, and Mark Zuckerberg is associated with Meta's business.
- Meta owns and operates Instagram, while Reality Labs is a subsidiary. The companies are leveraging their technology in the healthcare supply chain alongside partners like Bristol-Myers Squibb and Cardinal Health.
- Meta confirmed as the parent company of Instagram, while the company settled a lawsuit regarding addictive design and surpassed Google in digital ad revenue.
Coverage
Newest first; wire copies grouped- ZacksPINS vs META: Which Social Media Stock is a Smart Investment Now? Pinterest PINS and Meta Platforms, Inc. META are both major players in the evolving social media space. Operating as one of the leade