Facebook (NASDAQ: FB) has long had ambitions beyond just being an advertising business. The company's 2014 acquisition of Oculus gave it a stake in virtual reality, and its launch of hardware like Portal shows its intentions in video communication products. Not only is e-commerce a fast-growing global market representing trillions of dollars in sales, but Facebook and its family of sites including Instagram, Messenger, WhatsApp also provide a crucial platform to 140 million small businesses around the world. Read More...
Facebook Eyes a Huge Opportunity in E-Commerce
Facebook (NASDAQ: FB) has long had ambitions beyond just being an advertising business. The company’s 2014 acquisition of Oculus gave it a stake in virtual reality, and its launch of hardware like Portal shows its intentions in video communication products. Not only is e-commerce a fast-growing global market representing trillions of dollars in sales, but Facebook and its family of sites including Instagram, Messenger, WhatsApp also provide a crucial platform to 140 million small businesses around the world.
Add Comment