E-business is a new revolution where initiative is needed to fully utilize the capabilities of Internet technology in a specific business setting. Such an initiative has built the fundamental strengths of the organization that creates a huge competitive advantage among the competitors in the market, Previous research indicates that information technology promotes innovation in general. The mechanisms of how information technology, such as e-commerce, can promote corporate innovation have not yet been fully recognized. The empirical results show that e-commerce promotes corporate innovation by improving the regional informatization level and the local commercial circulation system. E-business can comprise a range of functions and services, ranging from the development of intranets and extranets to e-service, the provision of services and tasks over the Internet by application service providers. Today, as major corporations continuously rethink their businesses in terms of the Internet, specifically its availability, wide reach and ever-changing capabilities, they are conducting e-business to buy parts and supplies from other companies, collaborate on sales promotions, and conduct joint research. With the security built into today's browsers, and with digital certificates now available for individuals and companies from VeriSign, a certificate issuer, much of the early concern about the security of business transaction on the Web has abated, and e-business by whatever name is accelerating. The Purpose of this paper is to highlight the latest innovations in technologies built to facilitate E-Business. E-business has changed the shopping experience from the point of view of customers and facilitated the whole world as connected business platforms.