Did You Know: eCommerce
July 21, 2009
We all know that Al Gore invented the internet in the 1970’s. The truth is that the concept of the internet was introduced in 1974, and by 1983 there was a solid working internet of governmental research and educational computer networks. The World Wide Web was established in 1989, with the first web browser in 1990. eCommerce, the ability to shop online, was introduced by Michael Aldrich in the UK in 1979, however commercial use of the internet was restricted until 1991. 1994 was a watershed year for eCommerce, with the ability to order pizza online from Pizza Hut. The following year saw the introduction of E-Bay (AuctionWeb), Jeff Bezos’ Amazon.com and the first online bank. E-commerce sales in 2008 exceeded $204 billion.
Posted In Creative Journal