What is E-commerce

Answer 1

E-commerce, also known as electronic commerce, refers to the buying and selling of goods and services over the internet. It involves online transactions between businesses (B2B), businesses and consumers (B2C), and consumers themselves (C2C). E-commerce has transformed the way businesses operate, offering a convenient and efficient way to conduct transactions, reach a global customer base, and streamline supply chain processes. It includes various activities such as online shopping, electronic payments, online banking, digital marketing, and online auctions.