As of 2023, about 70 percent of Amazon’s eProcurement integrations were multi-category and did not focus solely on one industry. Big organizations employing procurement software for their business purchases might access Amazon’s inventory thanks to punch-out tools implemented in their digital procurement platforms. The B2B platform also invested in reaching those companies which do not use marketplaces. users to match and verify their purchase orders, making the procurement process more streamlined and efficient. market, Amazon Business went a step further by launching the so-called 3-Way Match service on the Amazon Business app. The shopping experience on marketplaces has undeniable advantages for users and can easily be adapted for mobile usage. Nearly seven in ten B2B buyers shop on the platform in India, the country with the highest usage rate worldwide. Amazon Business can count on an established consumer base in cross-border markets. dollars, and nearly a threefold increase was forecast by 2025. In 2021, the combined value of gross merchandise volume (GMV) of Amazon Business amounted to 31.5 billion U.S. Outside of the United States, Amazon Business is currently available to businesses based in Canada, Germany, France, the United Kingdom, Spain, Italy, Japan, and India. This is also due to the favorable momentum marketplaces gained over the last years. In its headquarters’ home, the platform's market share is forecast to grow in the B2B e-commerce sector. As it was for its B2C equivalent, Amazon Business started operating in the United States, where it generates the most revenue.
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