Amazon Business is a global procurement solution now used by over five million businesses, ranging from sole proprietors to multinational enterprises with tens of thousands of employees on a single account.
Since launching in the U.S. in 2015, we have expanded to eight additional countries, including Canada in October 2019. Additionally, we reached $25 billion in worldwide annualized sales, more than half of which are from third-party sellers. More than 80 of the Fortune 100 companies currently use Amazon Business, including Citigroup, Intel, Cisco, and ExxonMobil. Here what some of our Canadian customers have said about using Amazon Business:
What makes Amazon Business unique is that we enable hundreds of thousands of third-party sellers to sell to businesses of all sizes. As a company, Amazon spends billions of dollars every year to help small- and medium-sized businesses around the globe succeed. In Canada alone, 30,000 Canada-based third-party sellers – many of which are SMBs – grossed more than $1 billion on Amazon.ca in 2019 (an increase of 40% year-over-year), and more than $2 billion on Amazon stores around the world. Canadian SMBs also had an average of $110,000 in sales* – up year-over-year from about $65,000.
Here what some of our sellers – both small and large – have said about using Amazon Business:
Looking ahead, we continue listening to feedback from customers and selling partners. We are obsessed with innovating on their behalf to deliver what they need to be successful in meeting the demands of the future workplace. We are excited about what we have accomplished over the last six years, and look forward to what lies ahead.
*Data reflects the 12-month period ending October 3, 2020.
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