The European Commission is on the verge of opening a formal probe of Facebook and its free Marketplace service, according to reports from Reuters and the Financial Times.
Facebook's Marketplace first appeared in 2016, and at the time, it was mostly viewed as a competitor to Craigslist . Conceptually, Marketplace and Craigslist are similar in that both allow people to post free, local classified advertisements.
While Craigslist remains mostly free, it does charge for some offerings in some markets . On the other hand, Facebook Marketplace remains entirely free, though it does run ads alongside listings.
What Is Facebook Marketplace? - Designers' Secret Source for Deals on Furniture
Given a surge in popularity during the pandemic, Facebook Marketplace is definitely poised to overtake Craigslist as the top dog in online marketplaces, if it hasn’t already. “I never thought to check on Craigslist. I haven't used Craigslist in years, actually,” says Marohl of her recent shopping experience.
If you’re new to the Facebook Marketplace, here’s everything you need to know about the platform before you make your first purchase or list your first item.
Heyday raises $70M to grow marketplace brands | Retail Dive
The company said it has surpassed $100 million in revenue, employs a team of over 100 employees and expanded to more than a dozen markets worldwide.
General Catalyst, Khosla Ventures and Arbor Ventures participated in the Series B funding round. Mark Crane, partner at General Catalyst, will also join Heyday's board, per the announcement.
In its bid to help scale marketplace-native brands, Heyday has brought on industry veterans with experience at established brands and retailers to guide its company into the next phase.
Visa takes a swipe in fintech, builds new online marketplace – TechCrunch
In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other.
Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs' ability to work together.
Specifically, Visa said today it has expanded its Visa Fintech Partner Connect , a program designed to help financial institutions quickly connect with a "vetted and curated" set of technology providers.
Hoard Exchange Launches NFT Marketplace | BTCMANAGER
Hoard is an innovative NFT platform that allows users to trade, rent and lend NFTs. It supports all kings of NFTs including, in-game items, digital art, music, domain names, and more. Hoard is designed with an intuitive, user-friendly interface that will appeal to beginners and advanced crypto enthusiasts.
Hoard also revealed that it would focus on user-owned in-game items, real estate, digital art, and many more NFTs that can be traded, borrowed, or rented on the Marketplace. The lend and borrow option allows anyone who holds stablecoins and NFTs to easily build an additional income with NFT as a borrower or leverage as a lender. In addition, the owners of the native HRD token can stake the coin and get a financial return on their investment.
COVID unemployment causes funding issue for Medicare - Marketplace
President Joe Biden's $1.9 trillion fiscal stimulus relief package signed into law in March contains a huge expansion in the Affordable Care Act, possibly the biggest since it was signed into law 11 years ago. But thanks to the coronavirus, there's another health care crisis brewing.
Brancaccio : All right, but there’s the A problem, Part A. The dynamic is that the pandemic recession here pushed so many people out of work that we weren’t paying the payroll taxes?
Why U.S. corporations are hiring chief sustainibility officers - Marketplace
In corporate America, more companies are making room in their C-suite for a chief sustainability officer, the person traditionally responsible for responding to environmental issues.
The Weinreb Group, a sustainability recruiting firm, has been tracking the rise of CSOs for over a decade and released a report last week showing that 31 publicly traded U.S. companies hired their first CSO in 2020 — more than in the previous three years combined. The field has grown by 228%, from just 29 CSOs in 2011 to 95 in 2021, according to the report.
Women's heavy burden from long-term unemployment - Marketplace
Certain Joins the Zoom App Marketplace to Help Businesses Unlock & Integrate Data from Events
Certain's integration will allow customers to utilize attendance and engagement data and create a fully branded, dynamic event website and registration experience to support simple webinars or more complex virtual and hybrid events.
"Certain's integration with Zoom makes a significant impact on how our customers are able to access their virtual event data," says Peter Micciche, CEO of Certain. "This integration opens up new opportunities for our mutual customers to see even greater business outcomes from their events by offering a truly seamless, personalized experience for each attendee – one that can be measured across their events, sales and marketing stack."
CSU Marketplace to hold mobile market on June 8 | WRGT
Happening on Twitter
ORG's Immigration Policy Manager @sahdyadarr said: "The treatment of immigrants as criminals and suspects is simpl… https://t.co/0Sd30GkXD3 OpenRightsGroup (from UK) Wed May 26 11:53:27 +0000 2021
Europol supported Germany and Italy in dismantling a criminal group involved in the production and distribution of… https://t.co/CQWSS0obp7 Europol (from The Hague, The Netherlands) Thu May 20 16:00:50 +0000 2021
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