Facebook acquired a start-up to build a live shopping feature


Earlier this year, Facebook has acquired a small video-shopping start-up. According to a company familiar with the firm’s plan, this will help it build a live shopping feature inside the giant’s Marketplace product.

The start-up bought is named Packagd. This is a firm made up of five persons. It is founded by Eric Feng who, in 2017, announced that his team was building a shopping product for YouTube videos that could be thought of as “a re-imagination of QVC or a home shopping network”. In September, most of the team joined Facebook, even if the acquisition was not announced yet.

Currently, the employees are working on a project for Marketplace. This would allow users to purchase products while watching live video broadcasts. A similar feature was tested by the social media giant a year ago in Thailand. However, merchandise could not be bought directly and the service has been shut down.

A spokesperson has confirmed the development of this new e-commerce product saying, “As we’ve shared in the past, we’re exploring ways to let buyers easily ask questions and place orders within a live video broadcast”. The concept of live shopping is becoming increasingly popular, especially in countries like China. For instance, Alibaba has made it an important element of its Single’s Day this year.


Facebook is working on a new live shopping tool

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