What does "E-commerce" refer to in the context of technology? 🔊
In the context of technology, E-commerce refers to the buying and selling of goods and services over the internet. This includes a wide range of online business activities, such as retail sales, wholesale transactions, and online marketplaces. E-commerce platforms facilitate transactions through secure payment gateways, product catalogs, and user-friendly interfaces, enabling consumers to shop conveniently from anywhere. Additionally, it encompasses various business models, including Business-to-Consumer (B2C) and Business-to-Business (B2B), reflecting the diverse ways businesses interact with customers online.
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