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Meta Pauses Ray-Ban Expansion
Benzinga
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1 day ago
Meta Platforms paused international expansion of its Ray-Ban Display smart glasses due to limited supply and strong U.S. demand, with waitlists stretching into 2026, according to Reuters.
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00:00
It's Benzinga, bringing Wall Street to Main Street
00:02
Meta said Tuesday it paused international expansion of its Ray-Ban display glasses
00:06
because of limited supply and strong demand in the United States, according to Reuters.
00:11
The company had planned to launch the augmented reality glasses in the UK,
00:15
France, Italy, and Canada early this year. Meta said it will prioritize fulfilling U.S.
00:21
orders while reassessing international availability due to extremely limited inventory.
00:25
The company said waitlists now extend into 2026 following strong interest since the product launched last fall.
00:32
The Ray-Ban Meta glasses allow users to take photos, stream content, and interact with an AI assistant.
00:38
Meta sold 15,000 units in its first quarter and captured 6% market share.
00:43
The company announced new features for its glasses and Meta Neural Band wrist device
00:47
at the annual Consumer Electronics Show in Las Vegas.
00:51
For all things money, visit Benzinga.com.
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