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Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...
Meta Platforms has acquired almost 3% of EssilorLuxottica, the parent company of Ray-Ban and Oakley, as the social media ...
Meta may not have officially announced its investment in the eyewear group just yet, but the idea sends a clear signal that ...
Meta Platforms Inc. bought a minority stake in the world’s largest eyewear manufacturer, EssilorLuxottica SA, deepening the ...
It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not ...
Meta has ramped up its push into AI-powered wearables with a $3.5 billion (A$5.2 billion) investment in the maker of Ray-Ban ...
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The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.
Meta bought a stake worth around 3 billion euros ($3.52 billion) in EssilorLuxottica at the current market price and is ...
As Meta prioritizes wearable technologies, its 3% stake of EssilorLuxottica could potentially increase to 5%, according to a ...
Meta Platforms has acquired close to a 3% stake in eyewear giant EssilorLuxottica, a move that signals the company’s growing ...
Meta Platforms Inc. (NASDAQ: META) has acquired a nearly 3% stake in EssilorLuxottica SA (OTC: ESLOY), valued at ...
Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...
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