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

Web Phones Take Wing

Now, cell phones can deliver nifty Net services fast, and Americans are signing up by the millions more »

search.lt news

search.lt presents newest links more »

The Best Internet Portal

Internet Portal Developed by Lithuanians Ranked Best in the USA more »

Europeans Show Strong Interest in 3G

A significant number of Europeans are interested in 3G wireless technology, and half are willing to pay for it more »

Out of Phone Numbers? Add Digits

Someday soon North American telephone numbers might add up to 12 digits, including area code, instead of the current 10 more »

search.lt news

search.lt presents newest links more »

White House Releases Cybersecurity Plan

The Bush administration released a scaled-back cybersecurity strategy outlining steps that the government, industry and citizens should take to protect computer systems from online attacks more »

Microsoft patch can lock users out of Web sites

A recent Microsoft Corp. security patch for Internet Explorer (IE) can lock users out of certain Web sites more »

E-hoard with Microsoft's life database

'Surrogate memory' stores your life on hard disk more »

The fastest market

Lithuania’s Payment Card Market is Growing Fastest in CEE more »