This Company Has a Big Advantage Over Meta Platforms When It Comes to the Metaverse
Meta Platforms (NASDAQ: META) launched Threads last month, but the company has set its sights on a big growth opportunity with the metaverse. The company has made it clear it's not backing away from that opportunity. It spends billions on its Reality Labs segment every quarter, and that's a trend that isn't ending anytime soon.
But there's a company that's already in much better shape when it comes to the metaverse, and that's Roblox (NYSE: RBLX). It may prove to be a big obstacle to Meta's future growth opportunities.
Horizon Worlds is an interactive online world that connects users. Meta sees it as being a key part of its metaverse. It's similar to Roblox in that users can create avatars and play games on the platform.
Source Fool.com
Meta Platforms Inc. Stock
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