Electronic commerce history
Mid-1990s to 2000: rapid growth
“Dot-com boom” followed by “dot-com bust”
2000 to 2003: overly gloomy news reports
2003: signs of new life
Sales and profit growth return
Electronic commerce growing at a rapid pace (speed)
Electronic commerce becomes part of general economy
2008 general recession (collapse)
Electronic commerce hurt less than most of economy
Second wave underway (happening)