When AmazonSupply became Amazon Business in April 2015, much more than a rebranding occurred.
But Amazon Business copied the very successful marketplace approach of the regular Amazon site and welcomed more than 30,000 third-party vendors to offer their goods on the website.
Amazon is now challenging major online business suppliers in office products Staples and industrial goods Grainger .
It is currently adding about 100,000 new accounts per quarter.
Prentis Wilson, vice president of Amazon Business, stated earlier this year that the marketplace enjoys a 20 percent month-over-month sales growth rate.
Amazon Business now offers quantity discounts on more than five million items.