eBay (EBAY.US) saw its stock price surge by 13% on Wednesday, with the latest increase narrowing to about 9%. Meta (META.US) announced tests that will display eBay listings on Facebook Marketplace.
Meta stated that the launch will initially be tested in Germany, France, and the USA, allowing buyers to view listings directly on the Marketplace and complete trades on eBay. This collaboration could boost eBay's market business, which has struggled to compete with E-Commerce giants like Amazon.