Meta en el peor desplome registrado en bolsa
February 4, 2022 - Meta Platforms, empresa matriz de Facebook, sufrió el mayor desplome en el mercado en un solo día registrado en la historia, cayendo 26% y perdiendo más de $250.000 millones del valor total de la compañía.
Meta chief executive Mark Zuckerberg blamed falling profits and users on China’s ByteDance rival: TikTok, the viral video app taking Facebook’s younger users.
“The thing that is so unique is that TikTok is so big as a competitor already and also continues to grow at quite a fast rate off of a very large base,” Zuckerberg said during an analyst call on Wednesday. “Even though we’re compounding extremely quickly, we also have a competitor that is compounding at a pretty quick rate too.”
Zuckerberg spoke after Meta warned that the current quarter was likely to be its slowest period of growth on record. The threat comes as Zuckerberg seeks to diversify Meta’s revenues beyond advertising with his vision of a metaverse. An avatar-filled online world where people can meet, work and play using virtual reality headsets. Metaverse will also incorporate other aspects of online life, such as shopping and social media.
Meta has invested more than $10 billion in its Facebook Reality Labs unit, including virtual reality headsets and augmented reality technology. Reality Labs brought in $2.3 billion in revenues in 2021, ending the year with 71,970 employees. It is far from profitable, posting a full-year operating loss of $10.2 billion.