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EBay-owned Gumtree launches ratings system to increase buyer confidence

EBay Inc.-owned online classifieds site Gumtree launched a ratings system for buyers, sellers and service providers on its platform, Retail Gazette reported March 15, citing Gumtree U.K. General Manager Matt Barham.

The new system reportedly aims to increase accountability and "instill greater buyer and seller confidence" among Gumtree users.

The report added that the ratings system is part of Gumtree's major upgrade for the platform.