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To return to our official homepage, please click one of the following links: puzzles The rapid expansion of the Internet in the late 1990s led to explosive growth in electronic commerce (e-commerce) the exchange of goods and services over the World Wide Web. Industry analysts reported that e-commerce transactions grew from $11.2 billion in 1998 to $31.2 billion in 1999, and they predicted that Internet transactions would mushroom to $380 billion by 2003. E-commerce follows the same basic principles that traditional commerce follows that is, buyers and sellers exchange and transport goods from one place to another. But in e-commerce, the exchange is facilitated by networked PC's. Buyers order goods and services online. They track the status of their orders via e-mail, and in some cases, they receive the goods they purchase directly over the Internet.