Private e-marketplaces set for massive trading growth

Transactions on private e-marketplaces are set to grow by more than 50 times within four years, according to new research.

The pan-European report, compiled by Datamonitor, said that private e-marketplaces will account for more than £420 billion in transactions by 2005, compared with £8 billion this year. By this time, it predicted 1,300 private e-marketplaces will be operational, 500 of them in Europe.

The study projected accompanying growth in public marketplaces in the same...

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