Surprise: E-Biz is Doing Fine

Published: 18 October 2001 y., Thursday
On Wednesday morning, the mass media abounded with pseudo-apocalyptic horrors. Dozens are "exposed" to anthrax. The U.S. has bombed a Red Cross building in Afghanistan. Israel has suspended relations with the Palestinians. But there is one bright spot in the world, if anyone cares any longer to take a look: E-commerce is doing fine. This was revealed in a report by Nielsen//Netratings. In a study joined by Harris Interactive, the Internet research firm found that people spent $4.7 billion online in September, a 54 percent increase over last year. Also, there were almost 39 million buyers last month, a record number. Online spending did fall 15 percent from August to September, the company said; in August, $5.6 billion was spent online, a record for non-holiday spending. But there were fewer purchasers that month -- 37.1 million buyers. As expected, online spending on travel was the hardest hit by jitters following the Sept. 11 attacks. There was a 24 percent drop in sales at travel sites. But Sean Kaldor, Netratings' vice president for analytical services, said the sites fared better than many people had expected, and there were already signs of a rebound. He said that traffic at most travel sites had returned to normal levels. Kaldor suggested that this was a sign that online selling was a fundamentally strong business.
Šaltinis: wired.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

New Debit, Credit Cards in Bulgaria

All Bulgarians possessing debit or credit cards will have to replace them with new "plastic purses" in 2005 more »

search.lt news

search.lt presents newest links more »

search.lt news

search.lt presents newest links more »

Security incidents and cybercrime on the up

Security events recorded between July and September this year are up 150 per cent on those recorded by security company VeriSign in the same period last year more »

search.lt news

search.lt presents newest links more »

CASHING IN ON CREDIT

Banks partner with popular brands to promote credit cards more »

Virtualization company moves wares to Windows

SWsoft, a company that lets a Linux server be subdivided into independent partitions, is ready to begin testing a Windows version of its product more »

Estonia to Run Tests on 'E-Voting' System

Some Estonians will be able to vote online next year, as Tallinn plans trials with electronic voting software that is the first step toward a nationwide e-voting system more »

search.lt news

search.lt presents newest links more »

Closed Chechen Web site reopens out of Finland

A Web site used by a Chechen warlord to claim responsibility for last month's school siege in Russia has come back online based out of Finland more »