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Amazon brings its business marketplace to Britain

FILE PHOTO: Employees of Amazon India are seen behind a glass bearing the company's logo inside its office in Bengaluru, India, August 14, 2015. REUTERS/Abhishek N. Chinnappa/File Photo

LONDON (Reuters) - Amazon.com Inc (AMZN.O) on Tuesday launched its business marketplace in Britain, selling products like office supplies, power tools, cleaning materials and lab equipment targeting an online sector worth $120.44 billion a year.

Amazon started its business marketplace in the United States in April 2015, achieving $1 billion of sales in its first year, before launching in Germany four months ago.

It said Amazon Business would serve enterprises ranging in size from sole traders to multinationals, as well as universities, hospitals and charities.

The business-to-business online market in Britain was worth 96.5 billion pounds in 2015, according to Office for National statistics data.


(Reporting by Paul Sandle. Editing by Jane Merriman)