Facebook Eyes to Hit Indian E-commerce Market with Marketplace
Social Media Giant, Facebook is eyeing to enter a larger piece of country's e-commerce market which is currently gearing up a faceoff between world's largest retailers and arch-rivals Flipkart and Amazon.
The company is ongoing talks with several businesses and brands to list on Facebook Marketplace. As per the sources are to be believed, it will begin testing business to customer transactions on the marketplace this month ahead of the soft launch tentatively titled to happen in June.
A person familiar with the matter said: "Facebook will build more tools (on its marketplace) for businesses to upload products and manage inventory and orders, and will also add payments to it by the end of this year."
The Facebook marketplace was announced in India six months ago as a consumer to co...