In recent years more people have been using Facebook to connect in another way: buying and selling with each other. This activity started in Facebook Groups and has grown substantially. More than 450 million people visit buy and sell groups each month — from families in a local neighbourhood to collectors around the world.
Facebook says: "To help people make more of these connections, today we’re introducing Marketplace, a convenient destination to discover, buy and sell items with people in your community. Marketplace makes it easy to find new things you’ll love, and find a new home for the things you’re ready to part with. We’ll continue to build new options and features to make this the best experience for people."
To visit Marketplace, just tap on the shop icon at the bottom of the Facebook app and start exploring.
Over the next few days, Marketplace will be rolling out to everyone over 18 years old in the US, UK, Australia, and New Zealand on the Facebook app for iPhone and Android.Expanding to additional countries and make Marketplace available on the desktop version of Facebook in the coming months.
From Facebook, read full news release: http://newsroom.fb.com/news/2016/10/introducing-marketplace-buy-and-sell-with-your-local-community/
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Let's hope this provides some competition to the eBay monopoly and it's associated charges.
Since QXL closed it's doors in 2008, there really has been no direct competitor, with other than a few "selling sites" but few allow bidding.