E-commerce

E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It encompasses a wide range of online business activities, including retail sales, auction sites, and online marketplaces. E-commerce enables businesses to conduct transactions electronically, utilizing technologies such as websites, mobile applications, and digital payment systems. It allows consumers to shop from anywhere at any time, facilitating a global marketplace where products and services can be offered and purchased without the limitations of physical locations. E-commerce can be categorized into various models, including Business-to-Consumer (B2C), Business-to-Business (B2B), Consumer-to-Consumer (C2C), and Consumer-to-Business (C2B). The growth of e-commerce has revolutionized traditional retail and commerce practices, enabling more efficient operations and broader access to a variety of goods and services.