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

Antiwar hacker strikes the U.S. Navy

Virus writer and hacker activity has stepped up dramatically since the U.S. and U.K. armed forces started their war against Iraq more »

EU bigwig bangs on about eGovt

A top EU commissioner has been banging on about the importance of eGovernment more »

Al Jazeera launches English service

But within hours, firm suffers denial of service attack more »

Chip cards - in Kazakh practice

Commercial Alliance-Bank will be the first among RK banks implementing a transaction through international chip cards "Visa Smart Debit & Credit (VSDC)" through single processing center more »

A new Internet site

All those interested in British-Polish economic issues now have a new Internet site www.bpcc.org.pl more »

"Tibo’2003"

Minsk to Welcome Belarusian Congress on Telecommunications, Information and Banking Technologies more »

E-Russia threatened by cuts in financing

A drop in federal funding could delay some projects under the Electronic Russia program, which aims to boost the use of information technology throughout the country, the Communications Ministry said Tuesday more »

Belgian consortium heads race to run .eu

The European Commission is consulting its 15 national member governments over a draft decision to pick a Belgian-led consortium to run the long-awaited .eu top-level domain name registry more »

U.S. military computer attacked

Previously undiscovered flaw used to attack Army Web site more »

Banking Solutions at CeBIT 2003

Wincor Nixdorf presents a range of propositions with the spotlight focused on the specific needs and problems facing the banking industry under the key headings of Branch, Multichannel and Cash Management more »