Amazon Percent of Gross Merchandise Volume by Third-Party Sellers 1999-2019

Type Web Page URL https://www.marketplacepulse.com/stats/amazon/amazon-percent-of-gross-merchandise-volume-by-third-party-sellers-157 Date 2019 Accessed 2022-11-23 17:35:05 Language en Abstract The percentages represent the share of physical gross merchandise sales sold on Amazon by independent third- party sellers – mostly small- and medium-sized businesses – as opposed to Amazon retail’s own first party sales. Third-party sales have grown from 3% of the total to 58%. Our first-party business has grown dramatically over that period, from $1.6 billion in 1999 to $117 billion this past year. The compound annual growth rate for our first-party business in that time period is 25%. But in that same time, third-party sales have grown from $0.1 billion to $160 billion – a compound annual growth rate of 52%. - Jeff Bezos, 2018 Letter to Shareholders Website Title Marketplace Pulse