History of E-commerce dates back to very old notion of “sell and buy”. E-commerce has begun before personal computers were so normal and has grown into a multi-billion dollar industry. Amazon.com and eBay.com is the biggest companies which allow electronic transaction that make the history of E-commerce thinkable. Currently, there are five largest and the most famous worldwide internet retailers which are Amazon, Dell, Staples, Office Depot and Hewlett Packard. By year 1984, the electronic data interchange (EDI) was standardized through ASCX12. With reliably, the companies would be able to complete a transaction. By year 1992, the compuserve offers online retail products to its customers. This has give people the first chance to buy things through their computers. In year 1994, the netscape have arrived which providing users a simple browser to surf the internet and a safe online transaction technology which called Secure Sockets Layers. By the year of 1995, there have two biggest names in E-commerce are launched which are Amazon.com and eBay.com. In year 1999, the retail spending over the Internet was reaches to $ 20 billion which according to Business.com. By the year of 2000, the U.S. government extended the moratorium on the Internet taxes until at least year 2005. In year 2007, Fortune magazine have ranked Dell as the 34th largest company in the Fortune 500 list and 8th on its annual Top 20 list of the most successful and admired companies in the USA in recognition of the company’s business model.
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