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What is Online Business?

An online business is a commerce, which is run completely or partially with the aid of Internet and Internet accessories. 

Online businesses can be related to goods-money transaction or services-money transaction. 
There are also certain Internet specific online businesses. These businesses generate revenue through unique Internet specific revenue models. 

Goods-money transaction is selling and buying of physical materials with Internet as business and communication medium. 

Services-money transaction can be such as providing consultation services on the Internet or publishing of news / information or running online services etc.

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