What does e-commerce mean?

E-commerce, the full name of e-commerce, refers to the trading activities and related service activities conducted in the form of electronic transactions on the Internet, intranet and value-added network.

E-commerce includes electronic currency exchange, supply chain management, electronic trading market, online marketing, online transaction processing, electronic data exchange, inventory management and automatic data collection system. In this process, the information technologies used include: Internet, extranet, e-mail, database, electronic directory and mobile phone.

E-commerce covers a wide range and can be generally divided into three categories: business-to-business model, business-to-consumer model and consumer-to-consumer model.

The openness and globalization of e-commerce have created more trade opportunities for enterprises.