EMarketPlace
Encyclopedia
An eMarketPlace is an internet location owned by a company or consortium which allows other
companies or individuals to get new suppliers or buyers for their products as well as develop trading networks which makes negotiating,settlement and delivery easier and more efficient.
A site is termed as an e-marketplace when it caters to many buyers and sellers by providing commerce related functionalities like auctioning (forward or reverse), catalogues, ordering, wanted advertisement, trading exchange functionality and capabilities like RFQ,RFI or RFP.
Some examples of an eMarketplace are eBay
, NASDAQ
, Covisint
.
companies or individuals to get new suppliers or buyers for their products as well as develop trading networks which makes negotiating,settlement and delivery easier and more efficient.
A site is termed as an e-marketplace when it caters to many buyers and sellers by providing commerce related functionalities like auctioning (forward or reverse), catalogues, ordering, wanted advertisement, trading exchange functionality and capabilities like RFQ,RFI or RFP.
Some examples of an eMarketplace are eBay
EBay
eBay Inc. is an American internet consumer-to-consumer corporation that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide...
, NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
, Covisint
Covisint
-History:Covisint was established in 2000 by a consortium of organizations General Motors, Ford, DaimlerChrysler. In , Compuware Corporation acquired Covisint...
.