Marketplaces to make profit ‘by end of 2001’_2
3 April 2012
Some electronic marketplaces will make a profit by the end of this year, a leading figure in the e-commerce world has predicted.
Mark Hoffman, chairman and chief executive of e-marketplace developer Commerce One, said that while transactions through its 60 or so operational marketplaces were still low, “substantial volumes” by the end of 2001 would fuel profits for some.
Hoffman, who was speaking at his company’s eLink conference in Berlin, would not say which marketplaces were likely to...