“Electronic Business” “E-business” comprises all business activities related to digital technologies and in particular those conducted using digital technologies. The term “E-business” is used synonymously.
The advent of electronic business was made possible by digitalization and began at an early stage of digital change. The widespread use of electronic business is a visible phenomenon of digital transformation.
In electronic business, transactions are processed via digital markets, especially virtual marketplaces. “E-business” is part of the digital sector and therefore part of the digital economy. If “electronic business” is conducted via the Internet, it is considered to be part of the Internet economy, online economy or network economy.