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Facebook Launches a Craigslist Competitor, Again

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Facebook to Release Craigslist Like Feature, Marketplace

Facebook Inc. is releasing a feature called Marketplace that will let users post items for sale and shop for things to buy, like they can on Craigslist.

The world's largest social media company is betting that the collective memory of the internet is rather short. Facebook started a similar service -- also called Marketplace -- in 2007, but it never took off and was offloaded to a third party called Oodle in 2009.