B2C e-commerce

(redirected from Business-to-Consumer E-Commerce)

B2C E-Commerce

A transaction conducted over the Internet between a business and a consumer. For example, an online publisher may sell a book to a customer, ship it to him/her, and receive payment, all without ever meeting the customer. B2C e-commerce first became common in the 1990s with the popularization of the Internet. See also: dot-com bubble, B2B.

B2C e-commerce

The conducting of commerce by companies, government agencies, and institutions with consumers over the Internet. Amazon.com is typical of a company engaged in B2C e-commerce.
References in periodicals archive ?
Green Bay-Wisconsin based Schneider launched FTFM in June 2016 as a business-to-consumer e-commerce category, "first-to-final-mile" shipping service for furniture and carpeting orders.
Goldman Sachs analyst Miang Chuen upgraded Momo.com to Buy from Neutral with a price target of NT$300, which represents 21% total return potential for the stock that trades on the Taiwan Stock Exchange The analyst sees Momo.com as the key beneficiary of "high" business-to-consumer e-commerce growth in Taiwan.
According to the Asian Development Bank's 'Embracing the E-Commerce Revolution in Asia and the Pacific' report, the Asia-Pacific region is the world's largest business-to-consumer e-Commerce market.
In December last year, United Nations Conference on the Trade and Development (UNCTAD) Business-to-Consumer E-commerce Index described Africa's e-commence sector as sleeping giant failed by poor internet penetration.
Tmall: A spinoff from Taobao dedicated to business-to-consumer e-commerce in China.
E-commerce has become an integral part of daily life, and according to a report by the Communications and Information Technology Commission (CITC), Saudi Arabia's business-to-consumer e-commerce spending was estimated at SR29.7 billion ($7.9 billion) in 2016, making the country one of the largest e-commerce markets in the Middle East and North African (MENA) region.
According to UNCTAD's 2016 Business-to-Consumer E-commerce Index, Madagascar - lying 400 kilometres off the southeast coast of Africa - ranks 134 out of the 137 countries evaluated.
FonePay, Monet and TPL Rupya are entering Pakistan's financial market, said a quarterly report of the State Bank of Pakistan (SBP), hinting at a rise in the business-to-consumer e-Commerce (e-B2C).
Hoar also points out that B2B e-commerce is currently more than twice the size of business-to-consumer e-commerce. "I wouldn't be surprised in 10 or 15 years if it's four to five times the size of B2C," he says.
In Asia e-commerce sales in 2016 accounted for 12.1% of total global retail sales and Malaysia, India, Indonesia and Philippines are expected to witness the greatest share in terms of business-to-consumer e-commerce development by 2021.
The third party consolidator market is evolving; parcel and express continue to grow, driven by the explosion of business-to-consumer e-commerce and omnichannel retail; the truck driver shortage continues; and rail volume is down due to a number of factors.
Chinese business-to-consumer e-commerce company E-Commerce China Dangdang Inc.
Full browser ?