Facebook said new ‘Markertplace’ formalises what some members have already been doing in Facebook Groups for years. (Facebook)
Facebook on Monday launched a new online “Marketplace” allowing members of the huge social network to buy and sell with each other.
The new feature puts Facebook squarely in competition with local online selling platforms led by Craigslist, and offers an alternative to marketplaces like eBay.
Facebook said the new program formalises what some members have already 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 .
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