Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...

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The minority stake in EssilorLuxottica will allow Meta to continue its push to manufacture smart glasses with AI features.

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It comes amid reports the Facebook and Instagram owner has purchased a minority stake in Oakley and Ray-Ban owner ...

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The advance of as much as 5.5 percent on Wednesday gave EssilorLuxottica a market value of EUR 116.5 billion (roughly Rs. 11,68,623 crore). Warby Parker, a competing glasses-maker, rose 4.5 percent in ...