Oct 05, 2016

    FB launches Marketplace to buy and sell items


    FACEBOOK launched on Monday a "Marketplace" trading platform that lets users of the vast social network buy and sell goods with each other in a mighty challenge to the likes of eBay and Craigslist.

    Facebook said the new programme formalises what members have been doing in Facebook Groups for years.

    "Facebook is where people connect and, in recent years, more people have been using Facebook to connect in another way: buying and selling with each other," said product manager Mary Ku in a blog post.

    The new feature helps facilitate this with "a convenient destination to discover, buy and sell items with people in your community," she added.

    Marketplace will display photos of items for sale based on proximity, and users can adjust their location and search for specific items or categories such as clothing or electronics.

    Buyers and sellers can message each other, make or accept bids and make arrangements for delivery of goods.

    The new Marketplace will roll out to users over 18 years old in the United States, Britain, Australia and New Zealand in the coming days on the Facebook app for iPhone and Android.

    More countries will be added in coming months.