Connect with us

Business

Online sales reach $10.8 billion on Cyber Monday, the biggest U.S. e-commerce day ever, Adobe says – CNBC

As retailers look to prevent crowded stores during the pandemic, the holiday shopping season has grown longer.

Published

on

post featured image
ADVERTISEMENT

Holiday shoppers went online Monday and spent $10.8 billion, setting a record for the largest U.S. online shopping day ever, according to Adobe Analytics data.
Cyber Monday spending rose 15.1% year over year, according to Adobe, which analyzes website transactions from 80 of the top 100 U.S. online retailers.That came in short of Adobe’s original forecast of $12.7 billion. The firm had been revising the estimate downward in recent days.
Shoppers started their gift buying earlier than ever, with…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
Taiwan ministry says TSMC will prioritize auto chips if possible – CNBC
post featured image
China’s Love of TikTok-Style Apps Powers $5 Billion IPO – The Wall Street Journal
post featured image
Oil, gas companies sharply slowed search for new fossil fuel resources last year, report says – Fox Business