which type deals with auction
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C2C deals with auctions.
Does C2C deals with the auction?
- C2C firms are a form of a company model that arose as a result of the sharing economy and e-commerce technology. Craigslist, Etsy, and eBay are examples of online C2C companies that offer products or services through a classified or auction system.
- With the passage of time, eBay has grown into a multi-purpose online e-commerce marketplace that facilitates both C2C and B2C transactions. There is no inventory owned by the platform. It basically works as a middleman between buyers and sellers, facilitating the purchase or sale of goods.
- The fundamental benefit of a C2C business is that both sellers and buyers may be contacted. It's also simple and convenient to use, and it doesn't take long. Furthermore, one consumer might be both a vendor and a buyer.
Which types of e-commerce deal with auctions?
A. B2B
B. C2C
C. B2C
D. C2B
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