Is Facebook Testing OLX like Marketplace in India?

Facebook, the social networking giant is now reportedly working on an OLX e-commerce platform that will offer user ability to buy and sell used goods online. If reports are true, the ‘Marketplace’ feature on Facebook is being tested in Mumbai with selected users, and will be soon go live if the test succeeds.

Facebook Testing OLX like Marketplace

Facebook Testing OLX like Marketplace

The Facebook Marketplace feature is identical to already popular duo OLX and Quickr. The marketplace allows users to post add for used products or browse through used products posted by others. The feature is already getting traction in 25 countries including US and recently went live for 17 of them including Germany, France and UK.

With this rollout, Facebook is ready to give Quikr and QLX a head-on fight. Despite the fact that above two have already been established as the major players in the domain, the only advantage that Facebook could boast on will be its massive user base.

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If rolled out, the Facebook Marketplace feature would be open to its 2 billion active monthly users who are visiting Facebook buy and sell groups globally.

Users will be shown a “shop” icon at the bottom of the Facebook app that will eventually navigate them to Marketplace. There then users search can for items on sale in their neighborhood.

You can also upload a photo of the item you want to sell across different categories. Interested buyers (in your neighborhood) can contact you to get more details including product description, price and shipping or picking terms. The only limitation with the service is that it won’t facilitate the payment or delivery of items and neither will it take a cut from any transaction.

Facebook Testing OLX like Marketplace

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