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

search.lt news

search.lt presents newest links more »

Microsoft Spent $100M on Trustworthy Computing

Microsoft's push to make its Windows operating system more secure cost the company more than $100 million so far this year more »

Computer Security Standards Ready

U.S. Agencies, Technology Firms Set Guidelines to Protect Against Hacking more »

Microsoft Set To Launch Windows XP Media Center

In another effort to encroach upon Apple's computer-as-entertainment strategy, Microsoft has announced its Windows XP Media Center Edition more »

Someone's Watching You: The Web's Secret Police

So far this year, the Motion Picture Association of America has sent nearly 50,000 complaints to ISPs worldwide and anticipates that number will reach 100,000 by the end of 2002 more »

search.lt news

search.lt presents newest links more »

Baltic Utilities X

Baltic Utilities X, a software package that provides Estonian, Latvian and Lithuanian language support for computers running the new Macintosh OSX operating system, has been released by DekSoft more »

Intel 2.8GHz Pentium 4 to Ship Early

Intel Corp. is pushing up the release of a 2.8GHz Pentium 4 to this summer in hopes of boosting sagging sales of its flagship PC processor, sources close to the company say more »

The Clouds of Digital War

Will the Next Terrorist Attack Be Delivered Via Cyberspace? more »

How One Spam Leads to Another

The quantity of e-mailed advertising pitches for different opportunities is about to increase dramatically more »