eBay and Facebook are teaming up in a surprise move that will affect how people buy and sell on both platforms. Out of the blue, Facebook announced on Wednesday that eBay listings will now appear on Facebook Marketplace. Buyers would then click through to complete their purchase on eBay. The move should increase the quantity of items for sale, as well as the quality. The feature is being tested in the U.S., Germany, and France. It's an effort to appease European regulators who say Facebook has too much power. The change could benefit people using both platforms. eBay sellers will gain exposure to Facebook's audience, while people using Marketplace will be able to discover a broader array of listings from the eBay community. In recent years, eBay has struggled to compete with its e-commerce rivals like Amazon, Walmart and Temu. It has since focused on niche markets such as vintage luxury goods and collectibles. Users are returning to the site looking for used and refurbished goods in a strained economic environment. Facebook’s parent company, Meta, made the adjustment after the European Commission fined the company $825 million in November for tying its Marketplace product to the main Facebook app in an anti-trust case.
How You Buy Things on Facebook Market Place is Set to Change in a Big Way
eBay and Facebook are teaming up in a surprise move that will affect how people buy and sell on both platforms. Out of the blue, Facebook announced on Wednesday that eBay listings will now appear on Facebook Marketplace. Buyers would then click through to complete their purchase on eBay. The move should increase the quantity of items for sale, as well as the quality. The feature is being tested in the U.S., Germany, and France. It's an effort to appease European regulators who say Facebook has too much power. The change could benefit people using both platforms. eBay sellers will gain exposure to Facebook's audience, while people using Marketplace will be able to discover a broader array of listings from the eBay community. In recent years, eBay has struggled to compete with its e-commerce rivals like Amazon, Walmart and Temu. It has since focused on niche markets such as vintage luxury goods and collectibles. Users are returning to the site looking for used and refurbished goods in a strained economic environment. Facebook’s parent company, Meta, made the adjustment after the European Commission fined the company $825 million in November for tying its Marketplace product to the main Facebook app in an anti-trust case.