Amazon Prime Versus Walmart+: A Clear Winner and Dual Memberships
Amazon Prime is the clear winner when it comes to subscriber count, but Walmart+ has taken over a complimentary role to stay relevant.
Amazon 3P Share
Right now, a little over 67.0% of Amazon's platform GMV (gross merchandise volume) is generated by external sellers, or third-party (3P) sellers. This increasing share hints at a broader global development.

Nadine Koutsou-Wehling
Data Journalist
March 10, 2026
Retailers

Third-party (3P) sellers are now the driving force behind Amazon’s marketplace, and the trend is accelerating globally. Amazon's business model shift hints at a wider development in global digital retail. By 2025, 67.1% of the platform's gross merchandise value (GMV) was generated by third-party, or external sellers.
Recent figures show just how significant the shift has become. Globally, third-party sellers account for 67.1% of Amazon’s GMV, up from 65.9% in 2023.
In practical terms, this means more than two-thirds of all sales on Amazon are generated by external sellers. These include small businesses, brands, and international merchants who use Amazon’s infrastructure to reach customers worldwide.
Amazon generates revenue by extracting portion of 3P sales through fees, such as referral fees, fulfillment fees for using FBA (Fulfillment by Amazon), subscription fees for professional seller accounts, and advertising fees for sponsored product placements.
Asia stands out as the region where third-party marketplaces dominate the most. Here, 83.9% of Amazon’s GMV is generated by external sellers.
This reflects a broader trend across Asian e-commerce markets, where marketplace platforms have long been the standard. Consumers are accustomed to buying from thousands of independent sellers operating on a single platform, which makes the 3P model particularly strong in the region.
In the Americas, third-party sellers also represent the majority of sales and continue to expand their share. By 2025, third-party sellers account for 62.7% of Amazon’s GMV in the region. While slightly lower than Asia and Europe, the trajectory remains clearly upward.
This growth shows that even in markets historically dominated by large retailers, platform-driven selling models are becoming the norm.
Europe sits slightly ahead of the Americas when it comes to marketplace dominance.
By 2025, third-party sellers generate 67.8% of Amazon’s GMV in Europe. This number reinforces how Europe is moving towards platform-based commerce across markets.
The rise of third-party sellers on Amazon reflects a wider redistribution of global GMV. Marketplace models are advantageous to both sellers and platform providers, offering several key advantages:
Scalability: Platforms can add millions of products without owning inventory.
Lower risk: Companies avoid the costs and risks associated with buying and storing goods.
Greater selection: Customers gain access to a vastly larger catalog of products.
Entrepreneurial access: Small businesses can reach global audiences with relatively low barriers to entry.
Marketplace ecosystems are becoming the primary growth engine of digital commerce. Platforms no longer need to own the products they sell. Instead, they provide the infrastructure, logistics, payments, discovery, and customer trust, while millions of independent sellers power the supply side.
As this trend continues, the future of e-commerce looks less and less like traditional retail and more like global digital marketplaces connecting buyers and sellers at massive scale.
Related Articles
Amazon Prime is the clear winner when it comes to subscriber count, but Walmart+ has taken over a complimentary role to stay relevant.
The global number of mid-sized retailers is declining from 9,133 to 9,042 between 2023 and 2025. Subsequently, they are losing their grip on overall e-commerce revenues. Why market concentration is a threat to smaller businesses.
Amazon.com is by far Amazon's most important domain, but its relative importance in US e-commerce doesn't reflect that. The underlying market structure explains the divide.
Click here for
more relevant insights from
our partner Mastercard.
Our Tool
We’re not just another blog—we’re an advanced e-commerce data analytics tool. The insights you find here are powered by real data from our platform, providing you with a fact-based perspective on market trends, store performance, industry developments, and more.
Analyze retailers in depth with our extensive Retailer dashboards and compare up to four retailers of your choice.
Learn MoreCombine countries and categories of your choice and analyze markets in depth with our advanced market dashboards.
Learn MoreCompile detailed rankings by category and country and fine-tune them with our advanced filter options.
Learn MoreDiscover relevant leads and contacts in your chosen markets, build lists, and download them effortlessly with a single click.
Learn MoreBenchmark transactional and conversion funnel KPIs against market standards and gain insight into the key metrics of your relevant market.
Learn MoreOur reports provide pre-analysed data and highlight key insights to help you quickly identify key trends.
Learn MoreFind your perfect solution and let ECDB empower your e-commerce success.