1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Teleperformance SE
  6. News
  7. Summary
    TEP   FR0000051807


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

The Virtual Rabbit Hole: Jumping into the Metaverse

01/06/2022 | 02:28am EDT

One of this year's most popular buzzwords is "metaverse," earlier mentioned by key industry bigwigs who know a thing or three about technology-that guy who created Facebook (we believe his name is Mark), and Satya Nadella, CEO of Microsoft. For most of us who may have heard it the first time, the word "metaverse" might've inspired feelings of perplexity, vagueness, or even confusion, because to be totally honest, we have a lot of questions, like-what exactly is a metaverse, are we about to live inside a videogame(!?), and, to quote Gerri from the critically acclaimed HBO drama Succession: how will it further serve our interests as we go through our daily lives?

Trying to explain the true core and exact meaning of the metaverse may be an arduous task. Good folks from Wired Magazine provided an exercise that may help readers get a sense of how broad and complex the term "metaverse" is: mentally replace the phrase "the metaverse" in a sentence with "cyberspace." Still confused because of the similarities? Don't worry, you're not alone.

Welcome to a(n even more) Virtual World

In an attempt to simplify, USA Today defined the metaverse as "a combination of multiple elements of technology, including virtual reality, augmented reality, and video, where users 'live' within a digital universe[1]." Its sudden popularity is not a surprise-almost inevitable-as the current state of today's digital world requires connection, personalization, virtual collaboration, and constant innovation.

In recent years, we have witnessed the rise of digital technologies that tie real-life experiences with anything virtual. Nowadays, the metaverse's vision of a "more centralized virtual world " is no longer an idea floating around. We've been seeing it unfold-little by little-as time goes by, from video games that blur the lines between real life and fantasy (Animal Crossing, Minecraft, Fortnite, and Roblox, just to name a few), to Mark Zuckerberg rebranding Facebook to Meta, to an Oculus headset helping Paul Tomlinson work better through a virtual workspace environment. True enough, the metaverse fits like a glove in today's extremely online and virtual atmosphere: where everything can be done, consumed, and purchased in real time, and where real-life personas can be created and enhanced through virtual reality-all with a click of a button.

Virtual Today, Immersive Experiences Tomorrow

Now that we have a brief overview of what the metaverse is, what's next? With Meta taking the first giant leap towards the metaverse, it becomes almost mandatory for other companies to follow suit and see how far the (virtual) rabbit hole goes. Gaining competitive advantage, after all, means taking intelligent risks while the iron is hot. At present, brands are testing out virtual collaborations to create immersive experiences-luxury beauty brand Givenchy recently collaborated with Nintendo's Animal Crossing, offering exclusive makeup designs to players. NARS, a famous makeup brand, jumpstarted their quest into the metaverse by teaming up with social media app Zepeto!, where users can create customized 3D animated versions of themselves.

In recent times, we've all become witnesses to tech trends fizzling out. However, it seems like the metaverse is beginning to plant its feet firmly on the ground-and we're just about to see how far and how wide it will take us. Currently, we're seeing a glimpse of a few things that are coming out of the metaverse: a "parallel universe" creating the possibility of a virtual space where one can live, work, build, buy, play, and connect with others. TIME Magazine summed up how the metaverse can be promising-it allows an environment where digital meets our physical lives in "wealth, socialization, productivity, shopping, and entertainment[2]."

As we head into a new world where digital simulations, VR experiences, and AR programs could be a big part of our daily lives, the metaverse could be key to unlocking simpler, faster, and safer possibilities that can-hopefully-be put into good use, and take us all ahead.

[1] Mike Snider and Brett Molina, "Everyone wants to own the metaverse including Facebook. But what exactly is it?" USA Today, November 2021

[2] Peter Allen Clark, "The Metaverse has Already Arrived. Here's What that Actually Means" TIME Magazine, November 15, 2021


Teleperformance SE published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 07:27:01 UTC.

© Publicnow 2022
04/29TELEPERFORMANCE SE : Periodical releases - commercial and industrial companies - annual ac..
04/26TELEPERFORMANCE SE : Ex-dividend day for final dividend
04/25NFTS IN THE METAVERSE : The Key Players Changing Today's Customer Behavior
04/21TELEPERFORMANCE : Holds First Metaverse Event Launching 2022 For Fun Festival
04/21TELEPERFORMANCE : Defense in the Age of Artificial Intelligence
04/19TRANSCRIPT : Teleperformance SE, Q1 2022 Sales/ Trading Statement Call, Apr 19, 2022
04/19TELEPERFORMANCE : Chiffre d'affaires au 31 mars 2022 – Présentation (en anglais)
04/19TELEPERFORMANCE : Quarterly information at March 31, 2022 – Press release – Ap..
04/19TELEPERFORMANCE : Extending a Helping Hand to Break the Bias
04/19GLOBAL MARKETS LIVE : Twitter, Next, Halliburton, UPS, Doordash...
More news
Sales 2022 8 006 M 8 446 M 8 446 M
Net income 2022 704 M 743 M 743 M
Net Debt 2022 2 192 M 2 313 M 2 313 M
P/E ratio 2022 25,9x
Yield 2022 1,27%
Capitalization 17 968 M 18 955 M 18 955 M
EV / Sales 2022 2,52x
EV / Sales 2023 2,24x
Nbr of Employees 420 000
Free-Float 98,0%
Duration : Period :
Teleperformance SE Technical Analysis Chart | TEP | FR0000051807 | MarketScreener
Technical analysis trends TELEPERFORMANCE SE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 19
Last Close Price 305,90 €
Average target price 438,25 €
Spread / Average Target 43,3%
EPS Revisions
Managers and Directors
Daniel Ernest Henri Julien Chairman & Chief Executive Officer
Olivier Claude Jean Rigaudy Group Chief Financial Officer & Deputy CEO
João Cardoso Chief Research & Development Officer
Dev Mudaliar Group Chief Information Officer
Jeffrey Balagna Chief Operating Officer-EWAP
Sector and Competitors
1st jan.Capi. (M$)
EDENRED SE11.51%11 862
LG CORP.-6.06%10 454