Facebook offering classifieds service to members

Online social networking service Facebook has announced that they are now adding a classifieds service to their website.

With this they are directly taking on web services including Craigslist and newspapers which have a huge presence in this market.

Facebook also claimed in their statement that they are currently adding on new members at a pace of as many as 150,000 a month.

The new service has been named Facebook Marketplace initiative and they are now inviting members to post their ads on the service.

Members are allowed to make their ads to a selective group of people like their contacts and friends.

Brandee Barker, director of corporate communications at Facebook spoke about this new initiative: “It seemed like a natural progression to begin offering classifieds.”

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