April 28, 2015 - 15:35 AMT
Amazon Business marketplace launch announced

Amazon announced the launch of Amazon Business, a new marketplace where customers can buy everything from mundane office supplies to high-end equipment, The Next Web reports.

This is a clear sign that the company is making a play for the business-to-business market putting itself in direct competition with Chinese e-commerce site Alibaba, TNW says.

There will be no additional cost for businesses to register for the marketplace and the shopping experience will be tailored to suit corporate shoppers by offering features such as multi-user accounts, business-only price incentives, exclusive products and some tax exemptions for eligible regions.