(Reuters) - Amazon.com Inc
The marketplace unit allows third-party sellers, who account for over 50 percent of the total units sold on Amazon, to sell their wares on the ecommerce giant's website and app.
"We expect newly announced marketplace fee changes to slightly lower overall take rates, although with the benefit of greater product selection and volume," analysts at Baird said.
The analysts said the move would help the company better compete with retailers such as Walmart and Target.
(Reporting by Vibhuti Sharma and Jeffrey Dastin in San Francisco; Editing by Arun Koyyur)
This story has not been edited by Firstpost staff and is generated by auto-feed.
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Updated Date: Dec 21, 2018 02:05:16 IST