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Hence, E-commerce accounted for an 18.2 percent share of total business turnover in the United Kingdom in 2012. Online sales already account for 13% of the total UK economy, and its expected to increase to 15% by 2017. There is a huge contribution of comparison shopping websites in the expansion of the current E-commerce industry.
It was announced on September 30, 2014, that eBay would spin off PayPal into a separate publicly traded company, a move demanded in 2013 by activist hedge fund magnate Carl Icahn. The spin-off was completed on July 18, 2015. [44] [45] [46] Dan Schulman is the current president and CEO, with former eBay CEO John Donahoe serving as chairman. [43]
In 2010, Taobao's profit was estimated to be ¥1.5 billion (US$235.7 million), which was only about 0.4 percent of their total sales figure of ¥400 billion (US$62.9 billion) that year, way below the industry average of 2 percent, according to iResearch estimates. [87]
Linux (/ ˈ l ɪ n ʊ k s /, LIN-uuks) [11] is a generic name for a family of open-source Unix-like operating systems based on the Linux kernel, [12] an operating system kernel first released on September 17, 1991, by Linus Torvalds.
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