The Electronic Commerce in the Era of Internet of Things and Big Data

Nowadays big data is being used to create wealth in many fields, in particular e-commerce is playing an increasing role in modern life and the role of big data in this sphere is constantly evolving. The demand for e-commerce is creating massive amounts of data all the time and traditional processing techniques and ways of thinking have been unable to cope with it. Thus big data methodology has the capacity to launch the e-commerce industry into a new era. This paper briefly introduces the theory of e-commerce and analyses the Chinese e-commerce industry's development. Then, it considers the future development of large data technology and the present state of big data. It also studies the impact of big data on the Chinese e-commerce industry and analyzes the current methods used by the industry on large amounts of data, using Alibaba.com as an example. Finally, the main impact of big data on the e-commerce industry is summarized,the challenges it faces in the future are considered and possible solutions to these problems are proposed.