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Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...
The social media giant invested in EssilorLuxottica SA, which has collaborated with Meta on smart glasses, Bloomberg reported ...
EssilorLuxottica shares surged after reports indicated Meta Platforms acquired nearly a 3% stake in the eyewear company. This ...
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 ...
Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...
Meta has reportedly acquired a nearly 3% stake in Ray-Ban maker EssilorLuxottica for $3.5 billion, deepening its investment ...
It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta’s partner ...
It comes amid reports the Facebook and Instagram owner has purchased a minority stake in Oakley and Ray-Ban owner ...
Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a source told Reuters on Tuesday, amid ...
The California-based eyewear brand was founded by motocross enthusiast Jim Jannard but is now a part of EssilorLuxottica.
Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired a stake of nearly 3% in the Franco-Italian company.
Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...