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E-commerce is the activity of electronically buying or selling products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry.
Telecommunications in Ghana include radio, television, fixed and mobile telephones, and the Internet.
India's telecommunication network is the second largest in the world by number of telephone users with 1179.49 million subscribers as on 31 January 2021. It has one of the lowest call tariffs in the world enabled by mega telecom operators and hyper-competition among them. India has the world's second-largest Internet user-base with 747.41 million broadband internet subscribers.
Iran's telecommunications industry is almost entirely state-owned, dominated by the Telecommunication Company of Iran (TCI). Fixed-line penetration in 2004 was relatively well-developed by regional standards, standing at 22 lines per 100 people, higher than Egypt with 14 and Saudi Arabia with 15, although behind the UAE with 27. Iran had more than 1 mobile phone per inhabitant by 2012.
The liberalization of Bangladesh's telecommunications sector began with small steps in 1989 with the issuance of a license to a private operator for the provision of inter alia cellular mobile services to compete with Bangladesh Telegraph and Telephone Board (BTTB), the previous monopoly provider of telecommunications services within Bangladesh. Significant changes in the number of fixed and mobile services deployed in Bangladesh occurred in the late 1990s and the number of services in operation has subsequently grown exponentially in the past five years.
The Internet in Turkey has been available to the public since 1993, although experimentation at Ege University started in 1987. The first available connections were dial-up. Cable Internet has been available since 1998 and ADSL since 2001. Turkey has 70 million active Internet users as of 2022.
Internet in India began in 1986 and was initially available only to the educational and research community. General public access to the internet in India began on 15 August 1995. American multinational digital communications technology conglomerate Cisco estimated that India will have more than 900 million internet users by 2023.
Like many developed and developing countries, the Internet in Bangladesh has witnessed significant growth. Although facing many constraints in expanding Internet access and use, development of the Internet and Information Technology are high government priorities. In March, 2021 Internet users in Bangladesh increased to 116 million. On 19 February 2018, Bangladesh started the 4G network service.
The Internet in Pakistan has been available since the early 1990s. Pakistan has about 130 million internet users, making it the 7th-largest population of internet users in the world. Information and communications technology (ICT) is one of the fastest growing industries in the country. In 2001 just 1.3% of the population used the Internet. By 2006 this figure had grown to 6.5% and in 2012 to 10.0%. As of July 2021; the percentage of internet users in Pakistan is 54%, which translates into approximately 118 million citizens having access to internet. Inadequate infrastructure is adversely impacting Internet speeds, encompassing technology, available backhaul, and international Internet bandwidth. This is the primary reason why Pakistan's Internet speed lags behind that of neighboring countries and even some less developed nations worldwide.
The Asia-America Gateway (AAG) is a 20,000-kilometre (12,000 mi) long submarine communications cable system, connecting South-East Asia with the mainland of the United States, across the Pacific Ocean via Guam and Hawaii.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. Despite being the second-largest user base in world, only behind China, the penetration of e-commerce is low compared to markets like the United States, or France, but is growing, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.
E-commerce or electric commerce in Southeast Asia is the buying and selling of products and services over the internet in the countries of Southeast Asia. These practices reached Southeast Asia during the dot-com mania in the 1990s. After the dot-com bust, local e-companies have seen promising growth in this sector.
Jumia is a Pan-African technology company that is built around a marketplace, logistics service and payment service. The logistics service enables the delivery of packages through a network of local partners while the payment services facilitate the payments of online transactions within Jumia’s ecosystem. It has partnered with more than 100,000 active sellers and individuals and it competes at various levels, indirectly with retailers such as Jiji and Maybrands limited, and is a direct competitor to Konga in Nigeria, and Amazon and Noon in Egypt.
Pakistan's e-trading mainly involves buying and selling goods, and services using internet or telephone, through the use of electronic means such as computer, fax machine, cellular phone, automated teller machines (ATMs), and other electronic appliances with or without using the internet. Online banking, e-tickets, share trading in stock exchange are few examples of e-commerce of modern advancement. With its potential, e-trading can reduce the cost per transaction, increase efficiency, support contest, lower prices and boost international demand. It can open new areas for business in the service sector like online education, medical services, consultancy, and data exchange. It can also provide expansion in trade through domestic and international market research, advertising and marketing. In the financial services area, it can make easy and speedy transactions and transfer of money at a minimum risk. The interesting feature of online trading is that an investor simply sitting in his office or home can buy or sell through the Internet via mobile/tablet or PC and before being an experienced trader he may learn a lot by watching market screens or web portals at his convenience.
Sen Do Joint Stock Company is a Vietnamese e-commerce retailer and online commerce platform. It is a subsidiary of Vietnamese software conglomerate FPT Corporation. According to iPrice’s third-quarter statistics for 2019, Shopee and Sendo emerged as Vietnam’s top two largest e-commerce platforms by web traffic.
Lazada Group is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019.
Financial technology is an industry composed of companies that use technology to offer financial services. These companies operate in insurance, asset management and payment, and numerous other industries. FinTech has emerged as a relatively new industry in India in the past few years. The Indian market has witnessed massive investments in various sectors adopting FinTech, which has been driven partly by the robust and effective government reforms that are pushing the country towards a digital economy. It has also been aided by the growing internet and smartphone penetration, leading to the adoption of digital technologies and the rise of FinTech in the country
E-commerce in Bangladesh refers to the electronic commerce sector of Bangladesh business.
The COVID-19 pandemic in Vietnam has resulted in 11,624,000 confirmed cases of COVID-19 and 43,206 deaths. The number of confirmed cases is the highest total in Southeast Asia, and the 13th highest in the world. Hanoi is the most affected locale with 1,649,654 confirmed cases and 1,238 deaths, followed by Ho Chi Minh City with 628,736 cases and 20,476 deaths; however, the Vietnamese Ministry of Health has estimated that the real number of cases may be four to five times higher.
Livestream shopping is used by brands to promote and sell products through livestreams on digital platforms, often in collaboration with influencers.
References
- 1 2 "Topic: Internet usage in Vietnam".
- ↑ VNNIC (2013). Report on Vietnam Internet. version
- 1 2 "Internet remains sluggish in Vietnam as undersea cable repair delayed - VnExpress International". e.vnexpress.net. Archived from the original on 2020-06-11.
- 1 2 "Whitebook of Vietnamese IT 2011, Page 34" (PDF). Archived from the original (PDF) on 2014-11-27. Retrieved 2016-04-18.
- 1 2 per ITU
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