We have witnessed Facebook taking away chances of startups with very strong goals (by buying/or integrating the same technologies in their app. ie: Snapchat stories), and today we found out that Facebook has launched its own "marketplace" inside the app itself as a new tab.

This comes as a direct, easily accessible and breathtakingly strong competition to the likes of OLX.  The new tab in Facebook offers you the ability to find an array of items for rent/sale; be it cars, appliances (cameras, phones, etc...), clothes, entertainment shows and houses.

Marketplace also gives you the ability to sell stuff using your desired location; it as well helps you find items in close proximity! This new feature is impeccable in its integration so far and will give OLX and the similar competitors a very hard time!