e-business and e-commerce

Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of information and communication technology to enable the external activities and relationships of the business with individuals, groups and other businesses, while e-business refers to business with help of the internet. Electronic business differ from electronic commerce as it does not only deal with online transactions of selling and buying of a product and/or service but also enables to conduct business processes (inbound/outbound logistics, manufacturing & operations, marketing and sales, customer service) within the value chain through internal or external networks. The term "e-business" was coined by IBM's marketing and Internet team in 1996.

商业：以货币为媒介进行交换从而实现商品的流通的经济活动。商务：商业上的事务。

E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services 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. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry.

Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail. Typical e-commerce transactions include the purchase of online books (such as Amazon) and music purchases (music download in the form of digital distribution such as iTunes Store), and to a less extent, customized/personalized online liquor store inventory services. There are three areas of e-commerce: online retailing, electronic markets, and online auctions. E-commerce is supported by electronic business.

E-commerce businesses may also employ some or all of the followings:

• Online shopping for retail sales direct to consumers via Web sites and mobile apps, and conversational commerce via live chat, chatbots [聊天机器人。chat+robot], and voice assistants
• Providing or participating in online marketplaces, which process third-party business-to-consumer (B2C) or consumer-to-consumer (C2C) sales
• Business-to-business (B2B) buying and selling;
• Gathering and using demographic data through web contacts and social media
• Business-to-business (B2B) electronic data interchange
• Marketing to prospective and established customers by e-mail or fax (for example, with newsletters)
• Engaging in pretail for launching new products and services. The concept of Pretail started with experimentation among brands and entrepreneurs trying to build hype for their upcoming products.
• Online financial exchanges for currency exchanges or trading purposes.

Global e-Commerce Market Report 2021: Market is Expected to (globenewswire.com)

Best B2B Marketplaces in China | China B2B Marketplace (emergeapp.net)

B2B platforms in China (examinechina.com)

六级/考研单词: offline, commerce, constitute, indispensable, electron, differ, conduct, logistics, manufacture, mobile, data, inventory, automate, web, download, digit, liquor, wholesale, auction, consume, converse, demographic, medium, fax, engage, brand, entrepreneur