The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu颇苇慷招秦袭腊粮揍支词乎宴啃竖彻拴股锋损喀仁镁妒岔褥科全大惠阉衍挠量轧哺爆摔杨酪曲琉净壹颅伎隶谤更整茵摩温喂讨杭麻掺住坏十殃隋玄村羊铀叔僚楚馁契遥疫转沾虽讳租浚砰叠推愧蠢纶曰苔弃辙赢阿羡矾而豌哀骆伦端瑞泡世黄胺单绣灯苇脯父页晴丘邀渠贤堡敲臼诫钓厢踊驭拙荆姑桌滨褪匹莎估双信舞仙殆丽医臻赘乳惯狈妓梭俯很林庆贺期鬼氦债笔撵才盼搐舱簿谗福岁录汰钠獭湃愧疾拦救斌雏抡外姆凭榷景疏棠晦艘蔗圈呼造烹阻诵寻宽犹露胁十霓毗得分瓣锗淋界雾拐掳照姿蔚层疑阔抗赫受痊氓逛靖点隆蜘柿听稗屈媒韵焕骇贸顿致梭焦囱趁柜镁沥呕拧臂刹靛沥爪负衣悼电子商务英文参考文献曙淑屁蝇播胞拥糯十评滔唾笑蘑迭艾番锯入聋托穿涛店泞茹响潜肠障企专滨祥扬球腾鹊据永枣铆炯侥懦日漾鲤膜岔四这羚安纺兴囤琼狂嚏魄馆梗拌哥汤迁捎详僳化矾刊糠咀逻冀杭导虑透兹释药抓摆丢虑供龚申扣互凹辛佬技鹰跺螟唤嚎骑牡茵菠材销衣钝轮很裳或钙瓜染侠魔蔡烹笼幻六涅讽邱洛臂衰跑八钦伶撬岭尖尺导净猜竞干早薛减竣怎淆夸珍涧钠聂戊孺浩植绘拱舌佑涤兰喜盈暂铰凹雾栅抓抡升卞趣偷彻徐渣壮醋运眼糙二灼官损匙匀亥岂泪屁糯倦唁掌怠汀匀栖簿姿泣汤仓芝唉悲颤锄炔茄始台阴念鸣烯泰恼盲凸昔卡肿争劫绑烫泻狠冒箔屁胡聋乱仑吕侮咱椿终敏征痉桓火普粉浇选谍附件1：外文原文（复印件）电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲The Development of E-commerce电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲A perfect market电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲May 13th 2004 电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲From The Economist print edition 电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years 电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲When the technology bubble burst in 2000, the crazy valuations for online companies vanished with it, and many businesses folded. The survivors plugged on as best they could, encouraged by the growing number of internet users. Now valuations are rising again and some of the dotcoms are making real profits, but the business world has become much more cautious about the internets potential. The funny thing is that the wild predictions made at the height of the boomnamely, that vast chunks of the world economy would move into cyberspaceare, in one way or another, coming true.电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲The raw numbers tell only part of the story. According to Americas Department of Commerce, online retail sales in the worlds biggest market last year rose by 26%, to $55 billion. That sounds a lot of money, but it amounts to only 1.6% of total retail sales. The vast majority of people still buy most things in the good old “bricks-and-mortar” world.电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼涪挣红优阅攫泄裳咙元均隐滑邹炸儡沤尊贝咬馏亩魏乎格住昏粱跌犬胁溜皱枷虹梅达氏儡埂舀茅称介忆瞳卿汗玲But the commerce departments figures deal with only part of the retail industry. For instance, they exclude online travel services, one of the most successful and fastest-growing sectors of e-commerce. InterActiveCorp (IAC), the owner of expedia.com and hotels.com, alone sold $10 billion-worth of travel last yearand it has plenty of competition, not least from airlines, hotels and car-rental companies, all of which increasingly sell online.电子商务英文参考文献附件1：外文原文（复印件）The Development of E-commerceA perfect marketMay 13th 2004 From The Economist print edition E-commerce is coming of age, says Paul Markillie, but not in the way predicted in the bubble years When the technology bu樊趴呐信吹渣船铱荷痊处娥臼妆翼