Meta's Metaverse division incurred a loss of $4.43 billion in the third quarter, with a cumulative loss exceeding $58 billion

Foresight News reported that Meta released its third quarter financial report, with the Reality Labs division experiencing a $4.43 billion operating loss; Revenue was 270 million US dollars, a year-on-year increase of 29%. At present, the accumulated losses have exceeded 58 billion US dollars. In addition, Meta's total revenue was $40.59 billion, a year-on-year increase of 19%; Net profit increased by 35% year-on-year, reaching 15.7 billion US dollars.