On Oct. 3, 2016, Facebook introduced Marketplace, a destination for people to find—and make offers for—items directly through Facebook’s mobile application. Today—Oct. 3, 2018—Marketplace turns two years old.
Vice president of Marketplace Deborah Liu, who began overseeing the feature last September, said in a Newsroom post that more than one out of three people in the U.S. shop on Marketplace on a monthly basis, and she introduced some new features that rely on artificial intelligence.
Specifically, Marketplace will use AI to suggest price ranges and categories for listings.
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