This work describes electronic business as an important instrument of globalization of the world. Internet is a communication media that allows us communicate with people all over the world. Business is a medium that people use for filling their needs. Thanks to it people tried to use internet for making business. They found out that internet brings them numerous advantages in comparison with classic stores. They can buy things sitting at home, gaining all accessible information, secretly and so on. People buy things that are made all over the world in relation to their needs. The range of goods they can get was thanks to internet multiplied. People all over the world use the same good, difference among regions of the world vanish. Culture of the nations is going to be similar. Ratio of globalization of the world is growing day by day.