Facebook has begun the test run of its Marketplace feature in India starting from the city of Mumbai. From November 16 onwards, people in Mumbai will soon start seeing a Marketplace tab where they will be able to see buy/sell listings within a predefined radius, a service similar to players like Quikr and Olx.
Karandeep Anand, Director Product Management, Facebook stated, “In India, we are seeing more and more people who are using social media to buy and sell goods. With the marketplace, we are making the experience a lot easier and, therefore, encouraging the behaviour and adding to the economic activity locally.”
With this India is the 26th country to get the feature, which comes a year after it was first launched in the US. As per company claims, more than 550 Mn people already visit Facebook groups globally that have items to buy and sell each month, making up for a quarter of its 2 Bn active monthly users. This May, over 18 Mn new items were posted for sale in US Marketplace.
Currently, the service is available in the US, Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Thailand and United Kingdom.
A Quick Look At Facebook Marketplace And India
The Facebook Marketplace is expected to make it easier for people to discover, buy, and sell products within their community or locality. It charges no fees to buyers or sellers and aims to make it easy for users to trade mostly second-hand goods, allowing users to post items for sale through a smartphone or computer.