On March 30, Amazon's annual business sales exceeded 25 billion U.S. dollars. According to Justin Post, an analyst at Bank of America Global Research, the global B2B e-commerce market size is expected to reach 5.7 trillion U.S. dollars by 2025. Amazon Business will account for 1.5% of the market, or $83 billion.
Justin Post also said that Amazon Enterprise has huge upside potential. If Amazon can occupy 5%-10% of the market share, its scale could reach 200 billion to 600 billion US dollars.
It is reported that in April 2015, Amazon Business, which focuses on the B2B market, was launched in the United States, and has since covered sites in the United Kingdom, Germany, France, Italy, Spain, Japan, Canada and other countries. Amazon Business has provided services to more than 80 of the Fortune 100 companies, including Citigroup, Intel, Cisco Systems, ExxonMobil, etc.
Previously, Amazon announced the latest progress of its global enterprise purchasing business. Global annual sales are estimated to reach US$25 billion, of which third-party sellers account for more than 50%. Currently, Amazon Business has served more than 5 million corporate and institutional customers worldwide.
