Facebook takes on Craigslist and eBay with new classified ad service
by Nicky Woolf in San Francisco from Technology | The Guardian on (#1WWQ1)
Marketplace lets Facebook users list items for sale, and could be an attempt to upend the crowded world of peer-to-peer selling
Facebook's latest product launch appears to be a modest step into a classified advertising market currently fought over by eBay, Craigslist and more nascent startups such as LetGo and OfferUp - the latter recently valued at $1.2bn.
Related: A tough sell: why Facebook's e-commerce dream failed to take flight
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