Third-Party Sellers Booked $3.5 Billion in Sales During Amazon's Prime Day 2020
Amazon's (NASDAQ: AMZN) Prime Day 2020 is a wrap, and the company shared a few details about the success of the event. This year, the focus of the members-only sale was "supporting small business" and marked the "two biggest days ever for small and medium businesses in Amazon's stores worldwide," according to the e-commerce leader.
The company said that third-party sellers (the majority of which were small and medium-size businesses) exceeded $3.5 billion in sales during the two-day event, up nearly 60% year over year. Amazon also said that sales increases from these merchants, which spanned 19 countries, outpaced Amazon's own retail sales growth.
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Source Fool.com
