Cyber Monday Results Are Yuge!

Submitted by MAGA Student

Posted 9 days ago

The economy is on fire and consumers are spending more than ever.

Cyber Monday sales were up nearly 20 percent at $9.4 billion.

From CNBC


Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics.

Adobe, which monitors the online transactions of 80 of the top 100 web retailers in the United States, was initially predicting that Cyber Monday online sales would hit $9.4 billion but preliminary results suggested that sales fell short of estimates.

But the numbers got a boost from late night shoppers. Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day's total revenue.


Read more @ cnbc.com



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