Facebook, Inc. - Enterprise Tech Ecosystem Series
Facebook Inc. (Facebook) is social networking, advertising, and business insight solutions provider that offers various products and services for commercial and non-commercial customers. The company, through its major products Facebook, Instagram, Oculus, Messenger, and WhatsApp, connects people with their friends, and families, and co-workers across the world, and helps them discover new products and services from local and global businesses. It enables people to share their opinions, ideas, photos and videos, and other activities through mobile devices and personal computers with audiences ranging from their closest friends to the public. Facebook sells advertising placements for marketers to reach people based on various factors including age, gender, location, interests, and behavior. The company has business presence across the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
In August 2020, Facebook launched FRL to build a next-generation computing platform that consolidates and supports all its efforts in AR/VR. FRL is developing the platform which would allow people to feel together even though they are far apart.
Facebook for Developers provides support programs for startups in the form of Accelerators and Startup Circles. Accelerators are for startups that have already launched their products in the market and are looking to scale up. Startup Circles are for early-stage startups whose products are in the development stage.
In June 2019, Facebook launched VC Brand Incubator Initiative in partnership with SAIF Partners, Sauce.VC, and Fireside Ventures along with 24 other partners for accelerating the growth of SMBs in India.
The report provides information and insights into Facebook's tech activities, including -
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