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Shares of eBay Soar After Meta Allows Listings on Facebook Marketplace

eBay’s stock surged by 12 percent as Meta revealed a pilot to showcase eBay listings on Facebook Marketplace in three countries.
Shares of eBay Soar After Meta Allows Listings on Facebook Marketplace
The eBay app on a smartphone in an illustration taken on July 13, 2021. Dado Ruvic/Illustration/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00
Shares of eBay soared by 12 percent intraday on Jan. 8 after Meta announced a pilot program allowing Facebook Marketplace users in a handful of countries to browse eBay listings directly on Facebook Marketplace and complete the transactions on eBay.
Testing of the new partnership will begin in Germany, France, and the United States, Meta said in a Jan. 8 statement, which came in response to a November 2024 decision by the European Commission to fine Meta $840 million over abusive practices benefiting Facebook Marketplace.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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