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Article: The Atlanta Journal and Constitution E-Business News Column.(Knight Ridder/Tribune Business News)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 6, 2000
CopyrightCOPYRIGHT 2000 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sep. 7--BIZ-TO-BIZ BOOM: The number of companies doing business with each other online should quadruple by 2004, according to a new report from the Boston Consulting Group. The study predicts that business-to-business e-commerce will hit $4.8 trillion in four years, up from an estimated $1.2 trillion this year. Online purchasing will account for 40 percent of transactions, according to the study. About 11 percent of purchases will involve online price negotiations.
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