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History of e-Commerce

Timeline:
1971
The ARPANET is used to arrange a sale between students at the Stanford Artificial Intelligence Laboratory and the Massachusetts Institute of Technology, later described as "the seminal act of e-commerce" in John Markoff's book "What the Dormouse Said".
Massachusetts Institute of Technology - history of e commerce Arpanet - history of e commerce Stanford Artificial Intellegence Laboratory - history of e commerce
1979
Michael Aldrich demonstrates the first online shopping system.
1981
Thomson Holidays UK is first business-to-business online shopping system to be installed
1982
Minitel was introduced nationwide in France by France Télécom and used for online ordering.
france telecomminitel
1983
California State Assembly holds first hearing on "electronic commerce" in Volcano, California. Testifying are CPUC, MCI Mail, Prodigy, CompuServe, Volcano Telephone, and Pacific Telesis. (Not permitted to testify is Quantum Technology, later to become AOL.)
1984
Gateshead SIS/Tesco is first B2C online shopping system and Mrs Snowball, 72, is the first online home shopper
tesco
1984
In April 1984, CompuServe launches the Electronic Mall in the USA and Canada. It is the first comprehensive electronic commerce service.
CompuServe
1984
California becomes first US state to enact an Electronic Commerce Act defining basic consumer rights online.
1990
Tim Berners-Lee writes the first web browser, WorldWideWeb, using a NeXT computer.
Tim Bernes-Lee
1992
Book Stacks Unlimited in Cleveland opens a commercial sales website (www.books.com) selling books online with credit card processing.
1992
St. Martin's Press publishes J.H. Snider and Terra Ziporyn's Future Shop: How New Technologies Will Change the Way We Shop and What We Buy.
1992
Terry Brownell launches a fully graphical, iconic navigated Bulletin board system online shopping using RoboBOARD/FX.
1993
Paget Press releases edition No. 3 of the first AppStore, The Electronic AppWrapper.
Appstore
1994
Netscape releases the Navigator browser in October under the code name Mozilla. Netscape 1.0 is introduced in late 1994 with SSL encryption that made transactions secure.
netscape
1994
Ipswitch IMail Server becomes the first software available online for sale and immediate download via a partnership between Ipswitch, Inc. and OpenMarket.
ipswitch
1994
"Ten Summoner's Tales" by Sting becomes the first secure online purchase.
1995
The US National Science Foundation lifts its former strict prohibition of commercial enterprise on the Internet.
national science foundation
1995
Thursday 27 April 1995, the purchase of a book by Paul Stanfield, Product Manager for CompuServe UK, from W H Smith's shop within CompuServe's UK Shopping Centre is the UK's first national online shopping service secure transaction. The shopping service at launch featured W H Smith, Tesco, Virgin Megastores/Our Price, Great Universal Stores (GUS), Interflora, Dixons Retail, Past Times, PC World (retailer) and Innovations.
1995
Jeff Bezos launches Amazon.com and the first commercial-free 24-hour, internet-only radio stations, Radio HK and NetRadio start broadcasting. Dell and Cisco begin to aggressively use Internet for commercial transactions. eBay is founded by computer programmer Pierre Omidyar as AuctionWeb.
amazondell ebay
1996
IndiaMART B2B marketplace established in India.
1996
ECPlaza B2B marketplace established in Korea.
1996
Sellerdeck, formerly Actinic, the UK's first PC/LAN e-commerce platform established.
1998
Electronic postal stamps can be purchased and downloaded for printing from the Web.
usa postal services
1999
Alibaba Group is established in China. Business.com sold for US $7.5 million to eCompanies, which was purchased in 1997 for US $149,000. The peer-to-peer filesharing software Napster launches. ATG Stores launches to sell decorative items for the home online.
ATG storesalibaba group napster
2000
The dot-com bust.
2001
Alibaba.com achieved profitability in December 2001.
alibaba
2002
eBay acquires PayPal for $1.5 billion. Niche retail companies Wayfair and NetShops are founded with the concept of selling products through several targeted domains, rather than a central portal.
hayneedlepaypalwayfair
2003
Amazon.com posts first yearly profit.
2004
DHgate.com, China's first online b2b transaction platform, is established, forcing other b2b sites to move away from the "yellow pages" model.
DHgateyellow pages
2007
Flipkart is established in India. Business.com acquired by R.H. Donnelley for .$345 million.
flipkart
2009
Zappos.com acquired by Amazon.com for $928 million. Retail Convergence, operator of private sale website RueLaLa.com, acquired by GSI Commerce for $180 million, plus up to $170 million in earn-out payments based on performance through 2012.
zappos
2010
Groupon reportedly rejects a $6 billion offer from Google. Instead, the group buying websites went ahead with an IPO on 4 November 2011. It was the largest IPO since Google.
groupongoogle
2011
Quidsi.com, parent company of Diapers.com, acquired by Amazon.com for $500 million in cash plus $45 million in debt and other obligations. GSI Commerce, a company specializing in creating, developing and running online shopping sites for brick and mortar businesses, acquired by eBay for $2.4 billion.
diapers
2013
US eCommerce and Online Retail holiday sales reach $46.5 billion, up 10%.
2014
Overstock.com processes over $1 million in Bitcoin sales. India's e-commerce industry is estimated to have grown more than 30% from a year earlier to $12.6 billion in 2013. US eCommerce and Online Retail sales projected to reach $294 billion, an increase of 12 percent over 2013 and 9% of all retail sales. Alibaba Group has the largest Initial public offering ever, worth $25 billion.
overstockbitcoin