The e-commerce industry has broadened in scope in recent years. Originally confined to transaction activity between large financial institutions, e-commerce then expanded in the 1970s and 1980s to include what was termed “EDI” (Electronic Data Interchange) between large companies who could afford the dedicated computing power and related IT department.
Since the rise of the Internet, the definition of e-commerce it has expanded to include Internet purchasing, mobile, and, more recently, social and peer-to-peer financial activity.
To read the full, original article click on this link: E-commerce investments have popped sharply up in recent years (analysis) | VentureBeat
