E-COMMERCE INDUSTRY AND OVERWHELMING RESPONSE TO ONLINE SHOPPING FROM ALL OVER THE WORLD.....

                        The internet technology is growing day by day and one major contributor to this internet world is e-commerce industry.online banking, domestic and international payment systems,electronic tickets, shopping cart software,teleconferencing or instant messaging, all these things are possible just due to electronic commerce.

                        It is now the most important part of  big  corporate and financial companies as they can now use the internet to exchange financial data to facilitate domestic and international business.its popularity is just increasing as in 2012,e-commerce sales topped $ 1 trillion for the first time in history.

                   

                       Online shopping is the most classic example of advancement of online marketing through internet technology.online shopping has become has become increasingly popular over the past decade.In 2012, U.S. e-commerce sales amounted to 289 billion U.S $ up from 256 billion U.S $. in 2011. The number of U.S. digital shoppers is  expected to grow from 137 million in 2010 to 175 million in 2016 according to e-marketer estimates.that is how the online shopping is the future of e- commerce

                        Alibaba, the Chinese e-commerce company that became the biggest online retailer on the planet last year, has invested most of a massive new $206 million funding round in Shop Runner, a rival to Amazon.com.  

                        As part of the deal, eBay sold its 30 percent stake in Shop Runner for a profit, the Wall Street Journal says.

                                               ShopRunner, which offers free two-day shipping on products from thousands of brands, which essentially have their own company store on the service, should be familiar territory for Alibaba. It’s an extremely similar business model to its Tmall service in China, which manages e-commerce operations for thousands of companies in China.                  

     Last year, Alibaba sold or managed the sale of a staggering $157 billion worth of merchandise, including $3 billion on just one day. Yahoo still owns about a quarter of the company, which Marissa Mayer has said she would consider selling to finance Yahoo’s ongoing return to Silicon Valley relevance.

                                              In this the way, the e-commerce and the online markeing and shopping industry is moving ahead and ahead and certainly there is no doubt that the e-commerce giants like amazon, Ebay and Alibaba and the newcomers like Flipkart , jaboong and many others to name and to come will take this e-commerce industry to the special heights in near future.for now, a very happy online shopping!!