Final answer:
An e-marketplace is a third-party exchange that provides a platform for buyers and sellers to interact with each other and trade more efficiently online.
Step-by-step explanation:
An e-marketplace is a third-party exchange that provides a platform for buyers and sellers to interact with each other and trade more efficiently online. It is a digital marketplace where businesses and individuals can buy and sell goods and services. E-marketplaces can be specialized, serving a specific industry or market, or general, serving a wide range of products and services.
For example, platforms like Amazon and eBay are popular e-marketplaces where sellers can list their products and buyers can browse and purchase them. These platforms provide features like product listings, reviews, secure payment systems, and customer support to facilitate transactions between buyers and sellers.