An online marketplace, sometimes called an electronic marketplace, is an e-commerce site where third-party companies can sell their products or services to consumers. All of the transactions are processed through the website owner.
Online marketplaces are useful for connecting buyer and seller, but are also helpful because they handle the payment and processing of any orders, which adds an extra level of security for consumers and assistance for sellers. Generally, online marketplaces will also step in after the purchase if there is a problem that needs to be resolved.
Online Marketplace Examples:-