Meaning of the word "online business" in English

What does "online business" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

online business

US /ˈɑnˌlaɪn ˈbɪznɪs/
UK /ˈɒnˌlaɪn ˈbɪznɪs/

Noun

a commercial enterprise that conducts its primary activities over the internet

Example:
Starting an online business requires a good website and marketing strategy.
Many traditional stores are now expanding into the online business sector.