B2B e-commerce financial definition of B2B e-commerce
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conducted between two businesses over the Internet. For example, a publisher may sell
books to a retailer
, ship them to him/her, and receive payment online without meeting representatives from the retailer.
The conducting of commerce by companies, government agencies, and institutions with one another over the Internet.
References in periodicals archive
In the next two years, we expect full deployment of B2B e-commerce
by the remaining large firms," says Luis Anavitarte, director of Latin America research for GartnerGroup's Dataquest.