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

IBM prepares Opteron workstation charge

IBM will bulk up its line of Opteron-based products later this year with the roll-out of a new workstation more »

Net Voice, Speech Stamped as Standards

After years as working implementations, the Voice XML 2.0 (VXML) and Speech Recognition Grammar Specifications (SRGS) won the World Wide Web Consortium's (W3C) seal of approval Tuesday more »

A New Ea of Wireless Services in Latvia

Nortel Networks Selected by Telekom Baltija to Deploy CDMA2000 1X 450 in Latvia; Network Planned to Offer Voice, High-Speed Data Services more »

Europe Considers Harsh Piracy Law

The European Parliament approved a controversial piracy law that would allow local police to raid the homes and offices of suspected intellectual-property pirates more »

search.lt news

search.lt presents newest links more »

Outdoor screens - not for the entertainment only

"Unicaster" – for advertising, announcements, presenting nightly life in Vilnius... more »

E-books for those who are afraid of time

Such editions as encyclopaedias, dictionaries, albums and geographical maps were issued on the CDs at first. Nowadays majority of the libraries, archives and museums is concerned of their funds’ security thus they are accumulating the copies of the books in the electronic libraries. more »

Warning: Blogs Can Be Infectious

The most-read webloggers aren't necessarily the ones with the most original ideas, say researchers at Hewlett-Packard Labs more »

Windows could lose Media Player in EU tangle

Removing the media player from Windows may help level the playing field for competitors more »

Macromedia looks to extend Flash technology

Company also readies Flex framework more »