Vol. 2, Issue 5 (2017)
E-commerce: A boon or bane
Author(s): Neelam Rathore, Rajat Kumar Gujral
Abstract: The growth of computers has changed the life of every person in this world. Computer networking has become an integral part of our life. Computer networking has become an integral part of our life. The technology has changed the way we live and work. The magnificent developments of computer technology have forced the people to use them. Computers are being used in every aspect of our life. We carry out our bank operations, mail services, and reservations of tickets through this technology. Electronics commerce is one of the important operations of computer networking. There are many online companies which are doing online transactions. Few important ones are – eBay, amazon, flipkart, myntra, jabong, snapdeal etc. Almost every day, a new company is added in this segment. In 2013, the e-retail segment was worth US$2.3 billion. About 70% of India's e-commerce market is travel related. According to Google India, there were 35 million online shoppers in India in 2014 and is expected to cross 150 million mark by end of year 2017. Generally, there is a discussions that whether E-Commerce is a boon or bane. In this article, we shall see the detail to find the answer by going through the brief history and the evolution of E-Commerce.