Facebook to Release Craigslist Like Feature, Marketplace

The video discusses the evolution of Facebook Marketplace, highlighting its shift to mobile platforms as most users access Facebook via mobile phones. The new iteration has been tested for over a year, with significant user engagement within Facebook groups. Although transactions don't occur directly on Facebook, the platform aims to familiarize users with ecommerce, potentially opening future opportunities. The impact on competitors like eBay is noted, and Facebook's past ecommerce attempts are reviewed, with cautious optimism for the new Marketplace's success.

What significant change in Facebook's user base is highlighted as an opportunity for Marketplace?

• Shift to mobile phone users

• Increase in tablet users

• Decrease in overall users

• Increase in desktop users

How many people use Facebook Marketplace features each month within groups?

• 100 million

• 600 million

• 250 million

• 450 million

What is the primary way transactions are coordinated in Facebook Marketplace?

• Using a third-party payment service

• Via a dedicated mobile app

• Through a messaging app or email

• Directly on Facebook

What impact did the announcement of Facebook Marketplace have on eBay shares?

• No impact

• Increase in shares

• Decrease in shares

• Shares remained stable

What has been a challenge for Facebook in the e-commerce space?

• Lack of user interest

• Technical difficulties

• Inability to crack the e-commerce code

• High competition from Amazon