2023 Annual Revenue Up 16 Percent for Meta; However, Metaverse Unit Still Losing

The CEO of Meta (formerly Facebook), Mark Zuckerberg, has released revenue information for the company’s most recent quarter. Between September and December, Meta recorded revenue of $40.1 billion, or approximately Rs. 3,34,416 crore. Overall, the Web3 and social media behemoth brought in $134.9 billion (about Rs. 11,25,119 crore) in 2023. Meta’s revenue has increased by […]