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Jeff Bezos Says Independent Sellers Are Leading Sales On Amazon

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Amazon's third-party business has grown at a faster rate than its first-party business, Amazon CEO Jeff Bezos wrote in his 2018 letter to shareholders. Sales from independent third-party sellers accounted for 58% of physical gross merchandise sold on Amazon in 2018. Bezos attributes this growth to programs like Amazon Prime, Amazon's fulfillment centers, and the selling tools it provides to third-party sellers. Visit BusinessInsider.com for more stories. Amazon's booming retail business has made it one of the most valuable companies in the world.

Added on the 11/04/2019 10:27:00 - Copyright : Wochit

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