Facebook: Facebook Marketplace reaches 1 billion users, Zuckerberg wants to shape the “future of retail”

Facebook Marketplace, the social media company’s buying and selling platform launched a year ago, now has 1 billion users, CEO Mark Zuckerberg According to a report from Engadget, this is shared during the company’s earnings call. In addition, there are over 1 million stores on the platform and over 250 million people interact with the platforms every month.
Zuckerberg has a “fully equipped.” trade Platform ”and he said the company is“ investing in building the future of commerce ”. Of course, it is a source of income for the company as it enables companies to take advantage of its platform. During the ongoing coronavirus crisis, which has been dragging on for more than a year and showing no clear signs of easing, only a boom is expected for the e-commerce industry.
Zuckerberg also reportedly outlined some of the plans that will allow business owners to purchase Facebook ads that open directly on WhatsApp through the website WhatsApp business App. “In addition, Instagram influencers could open their own shops within the company App.
While the social media platform’s user base is still growing despite being a target for potential cybercrime, Facebook has hinted that it would do its best to prevent personal data leakage from the platform and is trying to keep its users off calm down. The dedicated team of over 100 experts on the abuse of external data works to detect, block and prevent the scraping of data. There have been no final comments from the company on whether users can rest assured that their data is now safe.

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