Ecommerce, also known as electronic commerce, refers to the buying and selling of goods and services online through electronic channels such as the internet, mobile applications, and other digital platforms. Ecommerce enables businesses to reach a wider customer base and allows customers to purchase products and services from the comfort of their homes.
Ecommerce transactions can occur in several different ways, such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and consumer-to-business (C2B). Some common examples of ecommerce platforms include online marketplaces like Amazon and eBay, online retailers like Zappos and Walmart, and digital service providers like Uber and Airbnb.
Overall, ecommerce has revolutionized the way people buy and sell goods and services, making transactions more efficient, convenient, and accessible for both businesses and consumers.
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