Facebook Inc. (FB) introduced Tuesday Facebook Shops, which is intended to make it easy for small businesses to sell their products online, starting in the U.S. this summer. The social media company said creating a Facebook Shop ( /) is free, and makes it simple to set up a single online store for customers to access both Facebook and Instagram. And customers can message a business through WhatsApp, Facebook Messenger or Instagram Direct to get support and track deliveries. The stock rose 3.2% in afternoon trading, putting it on track for a 4-month high. It has now gained 7.3% year to date, while the S&P 500 has lost 8.3%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
May 19, 2020 14:54 ET (18:54 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.