On Wednesday, eBay announced some of its listings can now be found by more than a billion monthly users on Meta’s Facebook Marketplace.
Meta on Wednesday announced some Facebook users will be able to view eBay listings on its Marketplace features just months after the European Commission slammed the social media company with a hefty anti-competition fine.
Meta says it will allow some Facebook users to view eBay listings on its Marketplace service. It's trying out a possible way to resolve European Union charges of anticompetitive behavior.
Shares of eBay surged Wednesday after Meta Platforms said some listings on the auction site will be included in Facebook Marketplace.
Learn how Meta Platforms' partnership with eBay could boost user growth, making eBay stock an attractive investment opportunity at 13x '25 EPS targets.
Meta is testing eBay listings on Facebook Marketplace in the US, Germany, and France. The company said in a post on Wednesday that it’s making the change to comply with last year’s antitrust order by the European Union, though it continues to appeal the decision.
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The social media giant will let some users browse eBay listings on its Facebook Marketplace platform after the EU ruled that the link between its classified-ads service and flagship social network undermined competition.
Facebook Marketplace became another Meta platform to receive some revamping after Facebook. The Marketplace and eBay are joining hands to make online buying and selling more easy and effective with Meta’s users gaining access to
To make life easier, it's testing eBay ads on its Facebook Marketplace. At 11 a.m. ET, eBay stock was up 11% on the news.
Shares in the e-commerce company surged after Meta Platforms said it would let some users browse eBay listings on Facebook Marketplace. EBay shares were up over 12% in morning trading, on track for their biggest one-day gain in almost seven years,
Meta Platforms is testing the integration of eBay listings into Facebook Marketplace in select regions. This partnership enhances eBay sellers' exposure and provides Marketplace users with a wider range of products.