The Menlo Park, California-based firm said Wednesday it will launch a test in Germany, France and the US that will enable “buyers to browse listings from eBay directly on Facebook Marketplace while completing their transaction on eBay.”

Ebay's stock price rose nearly 10% on Wednesday — one of its largest single-day increases in years — increasing the company's market cap by about $3 billion to $33 billion. But the e-commerce company couldn't credit a stellar earnings report or new product release for the sudden investor appetite;

Meta on Wednesday announced some Facebook users will be able to view eBay listings on its Marketplace features just months after the European Commission slammed the social media company with a

Meta is testing eBay listings on Facebook Marketplace in the US, Germany, and France. The company said in a post on Wednesday that it’s making the change to comply with last year’s antitrust order by the European Union, though it continues to appeal the decision.

Meta Platforms (NASDAQ:META) said Wednesday it will start showing eBay (NASDAQ:EBAY) listings on Facebook Marketplace for buyers in the U.S., Germany, and France under a test launch. Users who see the listing on FB will be allowed to complete their transaction on eBay,

Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.

Meta said on Wednesday it would launch a test in Germany, France and the United States that will enable buyers to browse listings from eBay on Facebook Marketplace and then complete their transactions on eBay.

Shares of e-commerce company eBay Inc (NASDAQ:EBAY) are trading higher on Wednesday after Meta Platforms Inc. (NASDAQ:META) said it is rolling out a new test that will integrate listings from eBay directly on Facebook Marketplace.

For eBay ( EBAY ), the upside potential is clear for Feather and Nowak with Marketplace’s more than 1 billion monthly average users representing material added distribution. Morgan Stanley’s AlphaWise data shows ~44% of Marketplace shoppers don’t shop on eBay ( EBAY ), and the overlapping users could purchase more given a different format.

Starting today, we’re thrilled to announce that we’re adding Facebook Marketplace to the growing roster of channels where your listings can be found. This week kicks off our collaboration, with a pilot of select eBay listings appearing on Facebook Marketplace in the US,

The social media company said it's launching a test that will let Facebook users in Germany, France, and the U.S. browse eBay listings directly on its Marketplace service but will still have to complete the transaction on eBay.

The test, which is being launched to a small group in Germany, France, and the U.S. starting Wednesday, is an attempt to resolve charges by the European Union that the social media giant uses anticompetitive behavior.