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23 Nov
Facebook introduces eBay competitor

Facebook lately has been gathering steam with its new innovative updates. For one, the new ‘Reactions’ feature has added an entirely novel method interacting with content. No longer is content liked or ignored, it can now be loved, wowed, and so on and so forth.

Additionally, their new Nearby Friends features help users discover which friends are nearby or on the go. The Trending features bring the latest and most interesting conversations to the surface. The Year in review gathers a collection of the biggest moments users have shared on Facebook.

It’s undeniably clear to see that Facebook is making great headways on their platform – and their new feature exemplifies their trend towards growth even more emphatically.

Its new service will enable users to buy and sell items to other users in their local area – in a move puts the social network face to face with the long established auction site eBay.

Traditionally, users on the platforms have used Facebook groups to conduct transactions through the platform. Examples of groups might include say, Garage Sales in Norfolk, etc.

How serious is Facebook about competing with online sales services like Craiglist, Gumtree, and eBay remains to be seen? Maybe they want to offer a more cohesive way for their users to purchase and sell items so that they can further draw them into their brand. Whatever the case may be, as Facebook continually seeks to integrate additional services into their core offering, their Marketplace feature might just be the one that forms a large part of the company’s future.

Categories: Social Media

About Author: Samy

Digital Marketing - Copywriter

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