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Facebook Is Just Craigslist Now
Facebook Marketplace has emerged as the dominant feature within the social media platform, amassing 1.2 billion monthly active buyers by 2023 and overtaking eBay as a peer-to-peer selling platform. According to recent data, approximately 16 percent of Facebook's monthly active users now access the s...
Facebook Marketplace has emerged as the dominant feature within the social media platform, amassing 1.2 billion monthly active buyers by 2023 and overtaking eBay as a peer-to-peer selling platform. According to recent data, approximately 16 percent of Facebook's monthly active users now access the site exclusively to participate in Marketplace.The feature's growth accelerated following the pandemic's supply chain disruptions and subsequent inflation, which increased demand for used goods. Facebook reports that Marketplace is attracting younger demographics who have otherwise abandoned the platform's social features.
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