'Meta explores stake in Ray-Ban maker EssilorLuxottica' - Financial Times
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc. is considering a multibillion-dollar investment in EssilorLuxottica, the maker of Ray-Ban, to expand their smart glasses partnership.
July 18, 2024 | 12:13 pm
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Meta Platforms Inc. is exploring a significant investment in EssilorLuxottica to strengthen their smart glasses collaboration.
A multibillion-dollar investment in EssilorLuxottica by Meta would likely enhance their smart glasses product line, potentially driving future revenue growth and market expansion.
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