E-commerce

E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the internet. It encompasses a wide range of online business activities for products and services, including retail shopping, electronic markets, and auction sites. E-commerce can occur through various platforms, including websites, mobile apps, and Social Media.

Examples of e-commerce include:

• Online retail stores like Amazon and eBay.
• Service-based platforms such as Fiverr and Upwork.
• Subscription services like Netflix and Spotify.

Notable cases of e-commerce impact include:

• The rapid growth of grocery delivery services like Instacart during the COVID-19 pandemic.
• The success of Shopify in empowering small businesses to sell online.