Start the conversation
5/12/2015: Social media giant Facebook Inc (Nasdaq: FB) will be taking on the online retail company eBay Inc. (Nasdaq: EBAY) with its new ‘second-hand goods for sale’ feature. As per the reports, Facebook is still testing the feature in its news feeds. It will cover saleable goods across all the user groups and make them available to interested parties at a single place.
With this move, Facebook has presented a massive challenge for online retail companies like eBay that used to generate a lot of revenue and traffic through Facebook.