Marketplaces to fall



The number of electronic marketplaces in Europe will fall from 2,000 to 50 by 2003, predicted Paul Rose, director of sales and business services at e-procurement firm Basaar.


The number of electronic marketplaces in Europe will fall from 2,000 to 50 by 2003, predicted Paul Rose, director of sales and business services at e-procurement firm Basaar. He argued that many marketplaces would merge, be taken over or disappear as the market consolidated. “Buyers will move away from third-party marketplaces towards hosted solutions more...

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