The development of electronic trade and its role in general trade activities

One of the current topics is e-commerce and related processes. The article aims to reveal e-commerce services and its importance in the global economy. The countries where the e-commerce service was formed were analyzed and their share in the economy was shown. Large multinational companies engaged in this type of business are also mentioned. The tables analyze past and future sales. One of the effects for e-commerce is to increase competition and offer consumers lower prices and more choices. E-commerce has proven to create and destroy jobs directly and indirectly. In the future, the development of computer networks and data transmission systems, payment cards and other electronic payment systems, and undoubtedly the commercialization of the global Internet, will contribute to its development. The basic concept of "e-commerce" is its application in all sectors of the economy through business processes, computer networks and other modern ICT. At the same time, he has developed a specific strategy for all companies, taking into account its domestic policy and the resources available to it, and monitors its use in the field of activity.