Developed countries and technology adoption
It used to take a long time for new technologies to be adopted. For example if you take the adoption of the telephone. The landline took around 75 years to gain 50 million users. Nowadays it can take an app a couple of days to reach the same number of users. In developed countries it now takes an even shorter time for technology adoptions. E-commerce technology has become even more popular over the past couple of years. This means that the rate of e-commerce adoption has accelerated in a few years. Adoption in much poor countries actually takes a longer time. E-commerce is almost non-existent in some countries. However in developed nations e-commerce technology adoption only takes a couple of months. This is the main reason why e-commerce has thrived in more developed countries. As countries such as China continue to develop there seem to attract a lot of e-commerce businesses.