Meta, owner of Facebook, will open the first physical store in the metaverse bet

(Reuters) – Meta Platforms Inc is set to open its first physical store where shoppers can try on and buy virtual reality headsets and other gadgets as the company charts a course to follow its very metaverse mainstream. boasted.

The 1,550 square foot Meta Store at the company’s Burlingame campus in California will open May 9 and will feature demos for its Quest 2 VR headset and Portal video calling device as well as augmented reality (AR) glasses from Ray-Ban, Meta said on Monday.

Devices, excluding Ray-Ban glasses, will be available for purchase in-store. The products can also be purchased online through a new shopping tab on meta.com, the company said.

Meta invests heavily in the metaverse – a virtual space where people interact, work and play – by adding new functionality to hardware devices that serve as access points to the virtual world.

Earlier this month, the Facebook owner announced that it would begin testing tools for selling digital assets and experiences within its Horizon Worlds virtual reality platform, a Meta virtual reality platform launched in the end of last year.

Meta also said it would charge 47.5% fees to creators of experiences and digital assets, a move that drew criticism from some app developers.

Space-following buyers are waiting for the next version of the Quest 2 VR headset, due out in the second quarter and widely seen by analysts as key to the company’s metaverse plans.

(Reporting by Yuvraj Malik in Bengaluru and Katie Paul in San Francisco; Editing by Saumyadeb Chakrabarty)

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