B2B Marketplace
Also known as: Business-to-business marketplace
A B2B marketplace is an online platform where businesses buy goods and services from many suppliers through a single account, catalogue and checkout.
A B2B marketplace aggregates many suppliers behind one platform, so buyers can source, order and pay across categories without maintaining a separate relationship with each vendor. It combines broad selection with the convenience of consolidated ordering, invoicing and often embedded credit.
Marketplaces differ in how much they own. A pure listing platform connects buyers and sellers but leaves fulfilment to the supplier; an operating marketplace like Lapasar owns warehouses and a delivery fleet across Peninsular Malaysia, taking direct accountability for delivery alongside the software. That physical infrastructure is the difference between a directory and a supplier you can rely on.
Frequently asked questions
- What is a B2B marketplace?
- A B2B marketplace is an online platform where businesses buy from many suppliers through one account, catalogue and checkout, with consolidated ordering, invoicing and often credit.
- What is the difference between a listing marketplace and an operating marketplace?
- A listing marketplace just connects buyers and sellers, leaving fulfilment to suppliers. An operating marketplace also owns infrastructure like warehousing and delivery, taking direct accountability for fulfilment.
Related terms
E-Procurement
E-procurement is the use of software and online platforms to manage buying — from catalogue ordering and approvals to invoicing and spend analytics.
Read definitionConsolidated Invoicing
Consolidated invoicing combines many individual orders or suppliers into a single invoice, reducing the volume of documents a finance team must process.
Read definitionFulfilment
Fulfilment is the process of receiving, processing, picking, packing and delivering an order to the buyer after it has been placed.
Read definitionExplore related across the knowledge graph
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