Third-party sellers' share of physical gross merchandise sales on Amazon has grown from 3% of the total to 58%.
Resolved true The record shows it happened or was so.
Factual: Statements about the present or the past, checked against the record: did they hold up?
The second judge would not resolve this claim; the verdict shown is the first judge's.
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
TRUE: Amazon's published figures (its shareholder letters, filings or official statements) show that third-party sellers' share of physical gross merchandise sales was about 3% in 1999 and 58% in 2018. MOSTLY TRUE: both endpoints hold within about 2 percentage points, or one endpoint year is off by a year. MOSTLY FALSE: the figures are real but measure something different from the claim, such as units rather than gross merchandise sales, or a different period, so the claim as stated misrepresents them. Mostly false also applies if one endpoint is off by more than a few points. FALSE: the evidence shows that the third-party share in 2018 or in 1999 was materially different, more than 5 points from the claimed figure.
Set before the research began.
Evidence (3)
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E1 Here's Jeff Bezos' annual shareholder letter CNBC · 11 April 2019
“1999 3% 2000 3% 2001 6% 2002 17% 2003 22% 2004 25% 2005 28% 2006 28% 2007 29% 2008 30% 2009 31% 2010 34% 2011 38% 2012 42% 2013 46% 2014 49% 2015 51% 2016 54% 2017 56% 2018 58%”
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E2 Amazon: Third-Party Sellers are Kicking our First-Party Butt Seattle Business Magazine · 11 April 2019
“The percentage of merchandise sold by independent third-party sellers on Amazon.com has increased markedly the past 20 years and now represents 58 percent of gross merchandise sales, CEO Jeff Bezos wrote in his annual letter to shareholders.”
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E3 Amazon: Third-Party Sellers are Kicking our First-Party Butt Seattle Business Magazine · 11 April 2019
“In 1999, third-party sellers represented just 3 percent of sales, or $1.6 billion.”
Reasoning
CNBC's reproduction of the 2018 shareholder letter [E1] gives a year-by-year series that starts at 3% in 1999 and reaches 58% in 2018. Seattle Business Magazine [E3] reports that the letter puts third-party sellers at 58 percent of gross merchandise sales. The same magazine [E4] says the figure was 3 percent in 1999. Both independent outlets give 3% for 1999 and 58% for 2018 [E1][E3][E4], and E3 identifies the 58 percent figure as a share of gross merchandise sales, so under the criteria the claim resolves true.
Cite this claim
Jeff Bezos, “Third-party sellers' share of physical gross merchandise sales on Amazon has grown from 3% of the total to 58%.” (said April 2019). Verdict: resolved true. Reliability API, claim c_14f1df90d235, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_14f1df90d235
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Jeff Bezos
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Resolved true
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Verdicts are made automatically; how verdicts are made.