SAN FRANCISCO, Oct. 19 (Xinhua) -- Amazon on Tuesday released its 2021 Small Business Empowerment Report.
There are over 500,000 third-party selling partners in the United States and more than 200,000 small and medium-sized businesses from around the world began selling in Amazon's U.S. store in one year. The number of American sellers who surpassed 1 million U.S. dollars in sales grew by nearly 15 percent, according to the report.
In the 12 months ending on Aug. 31, 2021, American sellers sold more than 3.8 billion products, and had nearly 2.2 billion dollars in international export sales, up year over year from nearly 1.5 billion dollars, the report said.
Sellers have created an estimated 1.8 million U.S.-based jobs managing, operating, and supporting their Amazon-related businesses, the company said.
The report came ahead of the Amazon Accelerate 2021 virtual conference for sellers, Oct. 20-21.
"Over 20 years ago, we made the decision to open our store's virtual shelves to third-party sellers. At the time, big-box retailers had been pushing small businesses out of the retail market," said Dave Clark, CEO of Amazon Worldwide Consumer. "It proved to be a great bet." Enditem
