Facebook Shops: Online stores open on Facebook and Instagram Nearly a million businesses in the UK and around the world can now set up a single online store to sell products, with no fee, on Facebook and Instagram May 19, 2020 https://www.bbc.co.uk/news/technology-52726268 Facebook: Introducing Facebook Shops: Helping Small Businesses Sell Online
Facebook shares reach all-time high after launch of online shopping feature May 20, 2020 https://www.cnbc.com/2020/05/20/fac...after-announcing-online-shopping-feature.html
I think this is a very smart move, seems like Facebook is trying to become a competitor to just about everyone, strange that they didn't do this earlier. I can see Facebook Dating and Facebook Shops becoming succesful.
Instagram is rolling out a new shopping hub in the U.S. July 16, 2020 https://www.neowin.net/news/instagram-is-rolling-out-a-new-shopping-hub-in-the-us Instagram: Instagram Shop: Discover and Buy Products You Love, All In One Place
Facebook is bringing a Shop section to its app, while Instagram expands Live Shopping August 25, 2020 https://techcrunch.com/2020/08/25/facebook-shop-instagram-live-shopping/ Facebook: Making It Easier to Shop and Sell on Our Apps