Facebook set to launch Gift service

The Californian company in the U.S. today released a new service of selling gifts through their social network, which is a step forward in the company of Mark Zuckerberg in his attempt to convince Wall Street that they still can attract good investments
in near future.

“Users can receive Gifts by using our exciting new service which is only available in United States at the moment.” Facebook representative said in a statement at their website. 

Facebook has now become the first social network to give a new pattern to their business by offering these kinds of their exciting services in the United states of America.

The service will become an option available in the wall of Facebook members to buy a real product as gift cards, stuffed animals, cakes and clothes, among other products, and ordered them to   be        sent     to         the             recipient. 

The Social network has reportedly more than 100 participating merchants to deliver the gifts across U.S.

From the high-profile IPO social network in May, Facebook shares have fallen more than 50% of its initial value and uncertainty analysts observed the ability of the company to take advantage of its infrastructure budget over 800 million Euros.

"Gifts" symbolizes the commitment of Facebook to establish their own sales network and places it in direct competition with electronic trading giants Amazon and eBay.

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Posted by Farasat Ali on Oct 1 2012. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry