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Internet attracting more advertising, e-commerce

Published on .

Palo Alto, Calif. -- Advertising and e-commerce are growing on the Internet, according to AdKnowledge's Q1 Online Advertising Report, which analyzes a database of more than 1,800 Web sites. The number of Web sites seeking advertising grew by 385 in the first quarter, an increase of 27% from the fourth quarter of 1998, according to the report. Additionally, the report found that the number of shopping/transaction sites grew to 129, representing a 22% increase over the fourth quarter of 1998.
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