Meaning of the word "e-commerce platform" in English

What does "e-commerce platform" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

e-commerce platform

US /ˈiːˌkɑːmɜːrs ˈplætˌfɔːrm/
UK /ˈiːˌkɒmɜːs ˈplætfɔːm/

Noun

a software application or service that allows businesses to create and manage online stores, process transactions, and sell products or services over the internet

Example:
Many small businesses use an e-commerce platform to sell their products online.
Choosing the right e-commerce platform is crucial for online business success.