Times Square Lands DitchIt: A Rival to OfferUp and Facebook
Portfolio Pulse from
DitchIt, a local marketplace, has launched a major advertisement in Times Square, New York City, marking its expansion into a key metropolitan area. This move positions DitchIt as a competitor to established platforms like OfferUp and Facebook Marketplace.
November 12, 2024 | 8:15 pm
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DitchIt's expansion into New York City with a Times Square advertisement positions it as a competitor to Facebook Marketplace, potentially impacting META's market share in local marketplaces.
DitchIt's strategic entry into NYC with a high-profile ad campaign directly challenges Facebook Marketplace, a service under META. This could lead to increased competition and potential market share loss for META in the local marketplace sector.
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