Electronic Commerce technology.

Electronic commerce (e-commerce) is the buying, selling, and transfer of products and services using the Internet. It offers enormous advantages for supply-chain management and the coordination of distribution channels, in addition to being convenient for consumers. Convenience is a big selling point. In 2015, online retail generated approximately US$1.5 trillion worldwide. By 2023, this figure had climbed to approximately US$5.8 trillion worldwide. A great amount of technology goes into supporting the online platforms used for e-commerce, facilitating financial transactions, and coordinating the logistics of inventory and shipping.