E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It involves various online transactions, including online retail, electronic payments, online auctions, and internet banking. E-commerce has grown rapidly with the advancement of technology, providing businesses and consumers with convenient ways to engage in commercial activities. It offers benefits such as 24/7 accessibility, global reach, reduced operational costs, and personalized shopping experiences. E-commerce platforms can vary from simple online storefronts to complex online marketplaces, connecting buyers and sellers from all around the world.
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