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Definition of 'Dotcom'

A dot-com company is a company that does business primarily online. The term was coined in the 1990s, when the dot-com bubble was in full swing. During this time, many new companies were founded with the goal of taking advantage of the internet's potential to revolutionize business. These companies were often called "dot-coms" because their websites had a .com domain name.

The dot-com bubble burst in 2000, and many dot-com companies went out of business. However, some dot-com companies survived and thrived, and today they are an important part of the global economy.

Here are some of the characteristics of a dot-com company:

* The company's primary business is conducted online.
* The company's website is a key part of its business model.
* The company's business is often based on new technologies or business models.
* The company's stock price may be volatile, as it is often based on speculation rather than fundamentals.

Dot-com companies can be found in a variety of industries, including e-commerce, social media, and cloud computing. Some of the most well-known dot-com companies include Amazon, Google, and Facebook.

The dot-com industry has had a significant impact on the global economy. It has created new jobs, new businesses, and new opportunities for consumers. It has also led to changes in the way we work, shop, and communicate.

While the dot-com bubble was a major setback for the industry, it did not spell the end of dot-com companies. Today, dot-com companies are an important part of the global economy, and they continue to play a vital role in innovation and economic growth.

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