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Amazon said in 2023 the number of items sold by Chinese sellers on its site grew more than 20% year over year, while the number of Chinese merchants with sales upward of $10 million increased 30% ...
As of October 2023, Amazon is the 12th-most visited website in the world and 82% of its traffic comes from the United States. [19] [20] Amazon is also the global leader in research and development spending, with R&D expenditure of US$73 billion in 2022. [21]
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An online shop evokes the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping.
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