HOW YPS RELATES

with Market Places

 

Definition:

Wikipedia offers the following explanation of what an online marketplace is:

An online marketplace (or online ecommerce market place) is a type of ecommerce site where product and inventory information is provided by multiple third parties. In an online marketplace, consumer transactions are processed by the marketplace operator and then delivered and fulfilled by the participating retailers or wholesalers (often called drop shipping). 

 

There are lot of market places that are generally renowned with respect to the region. Below are the famous two market places are as under: