
E-commerce boom During the COVID-19 pandemic forced people to stay at home, and as a result online shopping for essential goods grew rapidly. The process of buying and selling goods and services over the Internet and transferring money and data to complete these transactions is called e-commerce. People are now highly dependent on e-commerce as they want to maintain social distancing. People around the world need face masks, gloves, disinfectants and immunity-boosting medication as demanded by the healthcare industry. People also consult doctors online. E-learning is also part of e-commerce. Schools and universities are offering online courses. This is also a new source of entertainment. Netflix, Prime, YouTube and many more. E-commerce is growing, with online retailers earning an additional $107 billion in 2020. Let’s see how the exponential growth of the e-commerce boom unfolds until the end of the pandemic.
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