Amazon Business: an Unprecedented Threat to The B2B Industry 🚨

3 years ago
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Amazon Business GMV:
It has recently been revealed that Amazon Business, Amazon's B2B marketplace formerly known as Amazon Supply, reached a staggering $25 billion in global annualized sales. Alex discusses the tech monopoly's attempt to capture the B2B market (the largest industry in the U.S.) and breaks down how these new GMV numbers from Amazon are on track to meet Applico's prediction of Amazon Business reaching $75 billion GMV by the end of 2023. He goes on to describe why Amazon capturing B2B market share is an unprecedented threat to the hundreds of multibillion-dollar B2B distributors and manufacturers.

Originally Aired: 03/16/21
#B2B #AmazonBusiness #Marketplace

Amazon Business Reaches $25 Billion In Global Annualized Sales: https://www.pymnts.com/news/b2b-payments/2021/amazon-business-reaches-25-billion-in-global-annualized-sales/

📚 Grab a copy of the Amazon Best Seller Modern Monopolies: https://amzn.com/B017RC8CBC

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At Applico, we identify untapped, intrinsic assets that give existing enterprises an enormous advantage to spin-out new tech companies. WisdomTree licensed Applico's Platform Insights Data Product to aid in the creation of the PLAT ETF.
Amazon Business GMV

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