Cross-border electronic commerce's definition

Cross-border electronic commerce refers to an international business activity in which transaction subjects belonging to different customs reach a deal, make payment and settlement through e-commerce platform, and deliver goods and complete the transaction through cross-border logistics.

As a new format of international trade, cross-border electronic commerce has networked and electronized the traditional international trade, with electronic technology and logistics as the main means and commerce as the core, and moved the traditional sales and shopping channels to the Internet, breaking the tangible and intangible barriers between countries and regions. Because of its advantages of reducing intermediate links and saving costs, it has developed rapidly in the world.

In fact, cross-border e-commerce can be said to be a trading mode in which buyers and sellers belong to different "customs", including import and export trade, relying on Internet technology to realize buying and selling, making electronic payment, and delivering goods to customers through international freight, such as parcels and express delivery. This is an international business activity.

Characteristics of cross-border electronic commerce

1, global

Cross-border e-commerce conducts transactions on a global scale, and the network has narrowed the distance between different regions, allowing people from all over the world to participate in transactions.

2. Invisible

Cross-border e-commerce uses the network to describe and trade goods, so you can't touch the goods in person before buying, so you can't fully perceive the quality of the goods.

Step 3 be anonymous

Cross-border e-commerce transactions often do not show the true identity and geographical location of consumers, so it is equivalent to anonymous transactions, and the seller does not know the true identity of the buyer.

4, immediacy

With the development of network, online transactions are often instant transactions, which can be realized.

Refer to the above content: Baidu Encyclopedia-cross-border electronic commerce