[dylan05]

Multi-vendor shopping apps are ruling the industry nowadays. Let’s take a look at the facts that signify the same,

• The E-commerce market in the US alone is expected to generate $740 million by 2023. 
  
  
• Popular E-commerce apps, Amazon and eBay, are capturing 60% of the market. 
  
  
• Almost 31% of first-time shoppers prefer online marketplaces. 
  
  
• According to a survey, people are accessing online marketplaces for reduced prices on commodities. 
  
  
• Global E-commerce sales are expected to return $4.88 trillion by 2021. 
  
  
• Almost 50% of global retail sales occur through marketplaces. 
  
  
• Amazon is the most popular E-commerce platform, with 8.3 million total sellers worldwide. 
  

All these facts signify that the multi-vendor E-commerce platform will continue to flourish for years to come.