Facebook has launched Marketplace in Singapore. Marketplace is a single place on Facebook that makes it easy to discover, buy and sell goods locally.
Karandeep Anand, Director of Product Management at Facebook stated, “Already 550 million people buy and sell in groups on Facebook each month, today we are excited to bring Marketplace to Singapore and make it easier to discover, buy and sell goods locally. Whether you’re a new parent looking for baby clothes or a collector looking for a rare find, Marketplace makes it easier to buy and sell what you need. People can feel good about buying and selling on Marketplace because it’s easy to view the public profiles of buyers and sellers, your mutual friends, and how long they’ve been on Facebook.”
Marketplace shows users items that are relevant to their interests and available in their community. Similarly, by tapping on the Marketplace icon, users can post products for sale directly or cross post from a buy and sell group.
Once a user has decided on a product, they can send the seller a direct message from Marketplace to tell them they’re interested and make an offer. From that point on, the user and the seller can work out the details in any way they choose. Facebook does not facilitate the payment or delivery of items in Marketplace.
Singapore joins forty-seven countries worldwide where Marketplace is available.