THE FEATURES OF ELECTRONIC COMMERCE AND THE IMPORTANCE OF DEVELOPING E-COMMERCE IN UZBEKISTAN

Kudratova Feruza Nasriddinovna; Zakirova Sayyora Alimovna

Authors

Kudratova Feruza Nasriddinovna The University of World Economy and Diplomacy International Economics and Management Faculty Master’s degree student Author
Zakirova Sayyora Alimovna The University of World Economy and Diplomacy International Economics Department Docent Author

Keywords:

E-commerce also has a place in the process of developing the digital economy. Especially in the current era of globalization and technology, the use of online services is becoming popular. Electronic commerce is a relatively new concept that crept into the business vocabulary during the 1970s. In Uzbekistan, electronic commerce has become very popular in recent years. This article explains the concept and theoretical foundations of electronic commerce. In addition, its contribution and importance to the development of the digital economy in Uzbekistan, but also the development of the economy and other sectors has been highlighted.

Abstract

E-commerce also has a place in the process of developing the digital economy. Especially in the current era of globalization and technology, the use of online services is becoming popular. Electronic commerce is a relatively new concept that crept into the business vocabulary during the 1970s. In Uzbekistan, electronic commerce has become very popular in recent years. This article explains the concept and theoretical foundations of electronic commerce. In addition, its contribution and importance to the development of the digital economy in Uzbekistan, but also the development of the economy and other sectors has been highlighted.