Today is the 25th anniversary of the first dot-com business. Like most Canadians under the age of 30, I cannot remember a time when I didn't have information at my fingertips so it's weird to think that the industry is still so young!
According to BusinessWeek,
About 1.7 billion of the world's 6.7 billion people use the Internet, meaning 75% of us are still off to the side of the flow of e-commerce. Less than a third of Americans buy things online. Only about half the small businesses in the U.S. have a Web site.
So while the Internet is booming, there is definitely still room for growth. The question is, will it be via PCs or smartphones.
Bring on the innovation
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