The Business Model of Facebook (Meta)
Facebook's (Meta Platforms Inc.) business model is based on a platform which allows users to share messages, photos, personal updates, and more. It is the world's leading social network site devoted to connect users all over the world. Users can sign up for free and receive access to a range of products such as news feed, messaging services, groups, and events among other things. The platform is further extensively used by businesses that can engage with their customers in the social context.