This document defines and discusses electronic commerce (e-commerce). It begins by defining e-commerce as the buying and selling of goods and services over electronic systems like the internet. The document then discusses the history of e-commerce from its origins in credit cards and ATMs in the 1980s to online shopping in the 2000s. It also outlines the main advantages like convenience and low costs as well as disadvantages like lack of quality guarantees. Furthermore, it examines the four main types of e-commerce: business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer and provides examples of each.