This is a news story, published by The American Prospect, that relates primarily to Amazon news.
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seller revenueThe American Prospect
•Technology
Technology
75% Informative
Amazon ’s total take from third -party sellers was an astronomical $140 billion in 2023 .
The working theory has been that Amazon cannot possibly push its sellers so far that it sends them off the platform.
Amazon has for a decade engaged in a slow squeeze of its third party sellers.
Sellers are reportedly apoplectic about the refund policy change, and concerned about handing over the nuts and bolts of their businesses to Amazon .
Amazon has not yet responded to a request for comment, but a spokesperson said seller data would not be shared with anyone.
Amazon is still the point of entry for most online sales; it had been nearly impossible for startups to find an audience.
VR Score
71
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65
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52
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English
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56
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12
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