Facebook’s losing younger users, but one thing is keeping people hooked: Marketplace. With over a billion users in 70 countries, it’s now one of the biggest resale platforms, bigger than eBay and Craigslist in some places. Unlike other sites, Facebook doesn’t charge listing fees, making it a top choice for Gen Z, budget shoppers, and secondhand sellers. But how important is Marketplace to Facebook’s future? And is Meta using it to grow its ad business?
Chapters:
0:00 – Introduction
1:44 – Gen Z and Facebook
4:11 – Business Strategy
6:50 – Monetization of Marketplace
Produced and Edited by: Lisa Setyon
Senior Director Jeniece Pettitt
Editorial Support: Jonathan Vanian
Narration: Erin Black
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025: https://cnb.cx/4gPqi2y
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
#ecommerce
How Facebook Marketplace Amassed More Shoppers Than Amazon
Author: CNBC
Go to Source
News post in March 6, 2025, 6:04 pm.
Visit Our Sponsor’s:
News Post In – News