The Straits Times
www.straitstimes.com
Published on Nov 29, 2012
 

'Cyber Monday' shoppers spent record $1.79 billion

 
 

WASHINGTON (AFP) - Online sales for "Cyber Monday," the traditional debut for US holiday Web shopping, jumped to $1.465 billion (S$1.791 billion) this year, a research firm said on Wednesday.

The report from comScore said sales were up 17 per cent from the same day in 2011 and was the biggest Internet shopping day ever.

For the holiday season so far, online sales were up 16 per cent at US$16.4 billion, comScore said, with heavy sales on "Black Friday," the day after Thanksgiving, and continuing over the holiday weekend.

"Despite some news reports suggesting that Cyber Monday might be declining in importance, the day has once again set an online spending record," said comScore chairman Gian Fulgoni.