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E-commerce Begins to Come of Age 10 Years After Birth

A decade after Amazon.com led a cyber-shopping revolution that threatened to demolish bricks-and-mortar stores, rash web sites have perished while the sage have evolved to survive. As consumers begin to trust the Internet to satisfy their shopping, travel and banking needs, cyber business is expected to account for 7.7 percent of total US consumer spending this year, experts said Thursday.

Read the whole story at AFP, July 14, 2005 »

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