E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
NBA draft lottery. The NBA Draft is an annual event held since 1985 by the National Basketball Association (NBA), in which the teams who had missed the playoffs that year participate in a lottery process to determine the draft order in the NBA draft.
In 2014, the Los Angeles Lakers selected Julius Randle of Kentucky with their NBA Draft Lottery pick. Randle was selected with the #7 overall pick at Barclays Center on June 26, 2014 in the Brooklyn borough of New York City. The Los Angeles Lakers moved up two spots and secured the No. 2 overall pick in the 2015 NBA Draft Lottery, which was the first piece of great news the franchise has received in quite some time.