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By: Michelle Malison

 

Online marketplaces are on the rise globally, with companies such as Amazon and eBay expanding their cross-border businesses while new companies such as Jet.com are entering the field. Although marketplaces were previously limited to pure play e-commerce businesses, brick and mortar stores such as Wal-Mart are also entering the space. With e-commerce growing globally, marketplaces are expected to continue growing, and cross-border commerce is expected to grow with it.

 

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