Facebook Inc on Tuesday unveiled a redesigned app and rolled out its
dating feature to 14 more countries as it tries to boost user-engagement
on its social network.
Mark Zuckerberg, Facebook founder |
The revamped app makes it easier for users to engage with groups of
people, who share similar interests, the company said in a blog post.
Facebook said countries including Brazil, Philippines, Vietnam,
Singapore and Malaysia will now have access to its dating service, which
has been updated with a feature called “Secret Crush’’ that allows
users to explore potential romantic relationships within their friend
circle.
The company also said that its users would soon be able to ship
Marketplace items anywhere in the continental U.S. and pay directly for
purchases.
“This means sellers who opt to list items for shipping can reach more
buyers and get paid securely – and buyers can browse from a wider
selection and be confident that their purchase is protected with buyer
protection,’’ Facebook said.
Facebook also introduced a new Events tab that allows users to see
what’s happening around them, get recommendations, discover local
businesses and coordinate with friends to make plans.
Similarly, Facebook Inc on Tuesday debuted an overhaul of its core
social network and introduced new business-focused tools, the first
concrete steps in its plan to refashion itself into a private messaging
and e-commerce company.
The Chief Executive of Facebook, Mark Zuckerberg, said this while
speaking at Facebook’s annual F8 conference, where the company gives
developers a peek at new product releases.
“We believe that there is a community for everyone. So we’ve been
working on a major evolution to make communities as central as friends,”
said Zuckerberg.
Onstage, Zuckerberg unveiled a fresh design for the world’s biggest
social network that de-emphasised its News Feed to instead feature
services like its messaging app, online marketplace and video-on-demand
site.
Other Facebook executives introduced changes within the Messenger and
Instagram apps aimed at helping businesses connect with customers.
This will include appointment booking and enhanced shopping features
as well as a tool to lure customers into direct conversations with
companies via ads.
Zuckerberg identified private messaging, ephemeral stories and small
groups as the fastest-growing areas of online communication.
The social media company is also working on “LightSpeed” in order to make its Messenger app smaller in size and faster.
Facebook would also introduce Messenger for Mac and Windows, Zuckerberg said.
Facebook will also launch a new feature called “Product Catalog” for WhatsApp Business.
Zuckerberg in March promised changes to the advertising-driven social
media company as it was under regulatory scrutiny over propaganda on
its platform and users’ data privacy.
Facebook’s News Feed continues to draw ad dollars but user growth in its most lucrative markets has slowed.
“We’ve shown time and again as a company that we have what it takes to evolve,” Zuckerberg said on Tuesday.
The question hanging over Zuckerberg’s plan is how the company will make money off its new business model.
Facebook pulled in nearly 56 billion dollars in revenue last year,
almost of all which came from showing ads to the 2.7 billion people, who
access its family of apps each month.
But Facebook is no longer adding many new users in the U.S. and
Europe, its most lucrative markets, and it must find additional sources
of revenue if it is to sustain growth.
The product releases at F8 indicate its answer involves efforts to
keep users on its apps for longer, coupled with e-commerce tools
Facebook is hoping businesses will pay to use.
Features that drive the most user engagement, like Stories and
videos, are being decked out with new tools and given increased
prominence across the platforms.
One such tool will allow users to watch videos together in Messenger,
while also viewing each other’s reactions in simultaneous texts and
video chats.
Facebook Dating will be expanded into 14 new markets, including
places in Asia like the Philippines where Facebook has high user growth.
The company is also courting businesses, giving them ways to chat
with customers and conduct transactions, similar to how consumers in
China are already shopping on services like WeChat.
Instagram is expanding a sales system introduced in March, allowing
public figures, known as influencers, to tag products in their posts so
fans can buy them right away.
Sellers on Marketplace will likewise receive payments and arrange shipping directly within Facebook.
Reuters
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