Facebook to Offer Free Classifieds

    Facebook to Offer Free Classifieds 1Facebook, the social networking Web site, is adding free classified ad listings, putting it into competition with dozens of established companies like Craigslist and many newspapers.

    Facebook, which has 22 million active users, more than half of them in high school or college, hopes that the new feature will offer yet another reason for users to return to its site regularly, instead of going elsewhere to conduct their Internet business.

    Facebook, based in Palo Alto, Calif., is calling the new service Marketplace and plans to introduce it on Friday. It will allow users to create classified listings in four categories: housing; jobs; for sale, where users can list things like concert tickets and used bikes; and “other,” a catch-all that could include things like solicitations for rides home for the holidays.

    [Via nytimes.com]