Online social media and social networking service Facebook is testing its marketplace, its service to connect with local buyers and sellers in India. Marketplace charges no fees to buyers and sellers and aims to make it easy for users to trade mostly secondhand goods by posting items via smartphone or computer.
Making the Experience Easier
“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 behavior and adding to the economic activity locally,” said Karandeep Anand, director — product management, Facebook.
Not Defining any Categories
Right now the social networking service is not defining any categories. It will form its categories once people start listing. A product can be searched according to a radius you choose, the company said.
Investing in Machine Learning
Facebook is giving instruments around security, so clients don’t overshare data. It is likewise making interests in machine learning to make sure the items that shouldn’t be recorded, for example, weapons, cigarettes, liquor etc. Clients can report counterfeit merchant accounts and prohibited things.