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A B2B (business-to-business) marketplace connects buyers and sellers of products or services for wholesale transactions. Unlike consumer marketplaces like Amazon or eBay, B2B marketplaces are geared towards businesses rather than individuals.
In these marketplaces, businesses can find new suppliers, compare offers, and easily purchase the products or services they need in bulk. B2B marketplaces offer a range of benefits, including a wider selection of products, streamlined procurement processes, and lower prices due to increased competition.
Digital transformation is the process of integrating technology into an organization's operations to improve its overall performance and effectiveness.