HP is an American multinational information technology corporation headquartered in California. In 2009, HP's net revenue was $115 billion, with $40 billion coming from services. HP became the largest IT company in 2007, surpassing IBM. Online shopping allows consumers to directly buy goods and services from sellers in real-time over the internet, without an intermediary. It can be business-to-consumer or business-to-business. Early developments included the first online shopping transaction in 1979 and the creation of the World Wide Web in 1990.