It is the activity of buying or selling of products and services online or over the internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. 

The last decade was the biggest in the history of the e-commerce industry. Not only did we see heightened consumer interest and participation -- the industry also recorded enormous sales figures. According to eMarketer, China pulled in almost $900 billion from e-commerce storefronts in 2016, with the U.S. earning more than $423 billion in sales revenue. Overall, the e-commerce world received approximately $1.915 trillion in 2016. Technology is propagating this massive tide of good fortunes. Far from the days when it was just the foundation of e-commerce, technology today is turning the industry into what might be the pinnacle of modern-day retailing. But how exactly is technology impacting the e-commerce scene? read more