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might soon face stiff competition once Instragram
move closer to entering the online commerce space. Instagram
is now filled with a huge number of sellers, influencers and shoppers on its platform.
The e-commerce sector is seeing immense growth opportunities over the last few years. Some of the strong players include Walmart, Amazon and eBay. More than 47% of US transactions are specifically from Amazon. Therefore, Instagram's entry into this sector will pose a threat to Amazon.