Facebook’s Marketplace Lets You Buy And Sell With Your Neighbors
The social media platform now allows people to post possessions to people around them, though the feature has had a few growing pains
Facebook continues to expand its utilities as younger generations gravitate to other platforms. Facebook Marketplace allows Facebook’s millions of users to post listings in their area, creating a peer-to-peer selling experience.
The service launched in the U.S., U.K., New Zealand, and Australia this week, allowing users to post their unwanted wares to people in their communities. There are no transaction fees since the company needs more eyes on its app: 84% of its revenue comes from mobile users. While users have voiced concerns about the lack of guarantee that they won’t be tricked, Facebook is banking on their lack of anonymity to assure users will honor their listings.