Meta Platforms(US:META) Sou Hu Cai Jing·2025-07-08 23:35Core Insights - Meta Platforms Inc. has acquired approximately 3% stake in EssilorLuxottica SA, indicating an accelerated focus on the smart wearable sector [1][2] - The transaction is valued at around €3 billion, equivalent to approximately ¥252.46 billion [1] - Meta is considering increasing its stake to 5% in the coming years, with potential for future adjustments [1] Company Developments - EssilorLuxottica's American Depositary Receipts rose by 6.9% to $148 per share, marking the largest intraday gain since April 9 [2] - The investment deepens the long-standing collaboration between Meta and EssilorLuxottica, which includes the development of AI-driven smart glasses [2] - Meta's Ray-Ban smart glasses, launched in 2021, feature a built-in camera and AI assistant, and a new collaboration for Oakley-branded smart glasses was announced last month [2] Strategic Focus - This acquisition aligns with CEO Mark Zuckerberg's commitment to AI, which has become a primary focus and major expenditure for the company, with smart glasses being a critical component of this strategy [3]