The development of e-commerce has gone through several key stages. Initially, e-commerce took off in the 90s of the 20th century, when the Internet began to spread around the world. This stage of e-commerce is mainly based on the Internet, with both parties to the transaction as the main body, using bank electronic payment and settlement methods, and relying on customer data.
In the second phase, e-commerce began to develop rapidly around 2006. At this time, the number of Internet users in the world was already quite large, and the volume of e-commerce transactions had also increased significantly. The United States, the European Union, and other places have seen a significant increase in e-commerce transaction volumes, and industries have begun to widely accept and use e-commerce to place and accept orders.
Entering the third stage, e-commerce has entered a new stage of rapid development after 2010. With the popularization of 3G and 4G on the Internet, as well as the wide application of advanced information technologies such as big data, cloud computing, and intelligent logistics, e-commerce has seen significant growth in coverage and transaction volume.
However, despite the rapid growth of e-commerce, there are also some challenges. The three most critical factors are payments, logistics, and data. Payments are about security and convenience, logistics is about cost, efficiency, and customer service, and data is an important resource for e-commerce operations.
Overall, the development of e-commerce is a complex process that involves multiple aspects such as technical, economic, social, and legal. In the future, with the advancement of technology and changes in the market, e-commerce will continue to evolve, bringing more business opportunities and challenges.