TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

SUBJECT: E-COMMERCE PROFESSOR: MARCO ANTONIO RODRIGUEZ ROJO PRESENT : RUBI DIAZ EMBARCADERO GRADE AND GROUP: 3° D

Tolcayuca, Hgo., September 12, 2023.

TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

1991

1960

The World Wide Web or, the “hypertext project”.

1920

1998

START OF E-COMMERCE

PAYPAL

CATALOG SALES

1997

2006

1958

1979

COCA COLA COMPANY WITH TELEPHONE SALES

CREATION OF Google Checkout.

ELECTRONIC MODERNIZATION OF THE CATALOG

FIRST CREDIT CARD

TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

2014

2021

2020

2014

AMAZON ALLIES WITH TWITTER

E-COMMERCE GROWTH

ALIBABA MAKES ITS INITIAL PUBLIC OFFERING(IPO)

COVID-19 PANDEMIC

References

• -Baena, M. R. (2021, July 27). La historia del comercio electrónico: origen y evolución - App&Web. App&Web. https://www.appandweb.es/blog/historia-comercio-electronico/

• -Cárdenas, J. (2021). Conoce la historia del comercio electrónico y cómo ha evolucionado hasta hoy. Rock Content - ES. https://rockcontent.com/es/blog/historia-del-comercio-electronico/

• Evolución del comercio electrónico: fases y futuro. (n.d.). https://www.beetrack.com/es/blog/evolucion-del-comercio-electronico

The World Wide Web or, the “hypertext project”.

• Exclusive portals were created to sell a large number of products belonging to different categories, as is the case of Amazon and Ebay.

ELECTRONIC MODERNIZATION OF THE CATALOG

• Michael Aldrich succeeded in making the first computerized electronic sales transactions.
• Its technology was applied in countries such as Ireland, Spain and the United Kingdom in the first B2B (Business to Business) financial transfers, where companies could buy and sell tourist packages, rent, sell and buy cars, make money loans, access credit history, among others.

E-COMMERCE GROWTH

In 2021, e-commerce continued to grow and there were advances in areas such as social commerce, augmented reality and sustainability.

ALIBABA MAKES ITS INITIAL PUBLIC OFFERING(IPO)

• Alibaba held its initial public offering (IPO) on the New York Stock Exchange in 2014, marking one of the biggest events in the history of e-commerce and becoming one of the most valuable companies in the world.

START OF E-COMMERCE

Electronic Data Interchange or EDI was invented, a platform that enabled companies to transmit financial data electronically. This stage was fundamental for catalog and telephone sales thanks to the emergence of telesales. Between television programs, product demonstrations were shown and allowed consumers to call in to order products and pay for them with credit cards.

COVID-19 PANDEMIC

The COVID-19 pandemic further boosted e-commerce, as movement restrictions led to a significant increase in online shopping and the adoption of new delivery and pick-up models.

PAYPAL

• PayPal was founded, which gave a new boost to e-commerce thanks to the payment facilities and security it offered.

CREATION OF Google Checkout.

• Google Checkout was an online payment system offered by Google Inc. between 2006 and 2013. Customers with a valid Google account could pay at certain online stores without having to enter their credit card details each time they logged in.

CATALOG SALES

Catalog sales begin in the United States.

FIRST CREDIT CARD

The money transfer company, Western Union, launched this financial tool to the market.

AMAZON ALLIES WITH TWITTER

• Amazon allies with Twitter, resulting in the option for its users to make online purchases directly through tweets. That same year, profits from online sales worldwide reached 1.5 billion dollars, an increase of more than 20% over the previous year.

COCA COLA COMPANY WITH TELEPHONE SALES

• Coca Cola was the first company to implement a system that allowed purchases of its products via cell phone.