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Facebook Cuts Ribbon on New Online Marketplace

Facebook on Monday announced Marketplace, a new mobile app that facilitates buying and selling between peers.

Marketplace allows members of a community to discover, buy and sell items, noted Facebook Product Management Director Mary Ku.

The service is scheduled for rollout this week in the United States, UK, Australia and New Zealand. Users can access Marketplace by tapping a shopping icon at the bottom of the Facebook mobile app.

The opening screen displays photos of items for sale by people who live in a user-defined geographic area. Tapping an image will reveal more details about the item: product description, name and profile picture of seller, and location. Items can be saved for later reference.

If you’re interested in an item, you can let a seller know by sending a direct message via Marketplace. After that, you’re on your own. Facebook does not facilitate payment or delivery of Marketplace purchases.