Ecommerce – An Online Auction Business
Ecommerce – An Online Auction Business Ecommerce is the act of electronically selling or buying of goods over the Internet or through electronic services. It is the fastest growing sector in the global economy and employs a large number of people in various countries around the world. According to estimates, ecommerce contributes to approximately 5% of the gross domestic product in some developing countries like India, China and Indonesia. The increasing popularity of online shopping, coupled with the advancement in technology, has led to the rapid growth of ecommerce in some parts of the world such as: United Kingdom, Latin
