E-commerce

E-commerce, short for electronic commerce, refers to the buying and selling of goods and services using the internet. It encompasses a wide range of online business activities, including retail sales, auction platforms, and trading services. E-commerce transactions can occur between businesses (B2B), between businesses and consumers (B2C), or even between consumers themselves (C2C). This digital marketplace allows businesses to reach a global audience, offering products and services through online storefronts or marketplaces. It typically involves the use of various payment methods, shipping logistics, and customer service interactions managed online. E-commerce has transformed traditional retail by enabling convenience, 24/7 access to products, and streamlined purchasing processes.