Facebook Marketplace hits 1 billion users, Zuckerberg wants to build the “future of commerce”

Facebook Marketplace, the social media company’s buying and selling platform that was launched a year back, has got 1 billion users now, CEO Mark Zuckerberg shared during the company’s earnings call, says a report by Engadget. Not only that, there are over 1 million Shops on the platform and over 250 million people interact with the platforms on a monthly basis.

Zuckerberg has a “full-featured commerce platform” in mind and he said that the company is “investing in building the future of commerce”. Naturally, it is a revenue source for the company as it allows businesses to make use of its platform.