What Is the Internet Economy?

The Internet economy is the sum of the economic activities generated by the Internet. In the current stage of development, it mainly includes five types of e-commerce, Internet finance (ITFIN), instant messaging, search engines and online games.

Internet economy

The Internet economy is a brand new economic phenomenon arising from the era of information networking.

In the era of the Internet economy, economic activities such as production, exchange, distribution, and consumption by economic entities, as well as economic behaviors of financial institutions and government functional departments, are increasingly relying on information networks. Information, rely on the network to make predictions and decisions, and many transactions are also performed directly on the information network.

Hangzhou-based Alibaba Group, whose Alibaba B2B website is the world's largest online trading market. Good positioning, solid structure, and excellent service make Alibaba B2B website the first e-commerce website with 2.1 million merchants in the world, and the preferred website for global merchant network promotion. It has been rated as "the most popular B2B website by business people" ".

Taobao is a professional website under the Alibaba Group's main business of B2C and C2C. Since its launch in May 2003, Taobao has rapidly developed into the largest online retailer circle in Asia in just five years.

As of the first quarter of 2008, Taobao has provided more than 300,000 direct jobs to the society and created 600,000 indirect jobs. At the recent Taobao's fifth anniversary celebration, Ma Yun, chairman of the board of directors of Alibaba Group, said that Alibaba Group will add 2 billion yuan in investment to Taobao. , Becoming the global retail leader.

Introduction of Network Economy (Network_Economy_)?

Network Economy: Economic Revolution Caused by the Internet

As we all know, the knowledge economy is the inevitable result of the "explosive" development of modern information technology and global information networks, which are marked by computers, satellite communications, optical cable communications, and digital technologies. Under the conditions of the knowledge economy, the actual economic operation is mainly manifested in the two major trends of informationization and globalization. The emergence of these two trends is closely related to the development of information technology and information networks.

The development of modern information technology has greatly improved people's ability to process and use information, accelerated the pace of scientific and technological development and innovation, and accelerated the speed of the transformation of scientific and technological achievements into real productive forces, thereby making the contribution of knowledge to economic growth. Unprecedented improvement; the emergence and development of global information networks has further accelerated the transmission and diffusion of information on a global scale, blurred traditional national and ethnic boundaries, and turned the entire world into a small "global village" As a result, the world economy has shown a clear globalization trend.

Therefore, the knowledge economy is essentially a global network economy with modern information technology as its core.