The investment has been used to launch new tools and services and build infrastructure and equipment for third-party sellers.
Amazon takes care of its marketplace. The ecommerce giant has invested 15 billion dollars in 2019 to boost its marketplace. Third-party sellers represent 58% of global sales in Amazon and exceeded 2 billion dollars in sales on Prime Day this year.
Small and medium-sized companies that reached over one million dollars in sales in Amazon grew 20% last year.
“Small and medium-sized businesses are the lifeblood of the economy, and we are committed to empowering them,” stated Nicholas Denissen, Amazon vicepresident of small business.