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Shopify Scores Massive E-Commerce Gains

TheMotleyFool

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Consumers came out in droves between Thanksgiving and Cyber Monday, with multiple sales reports suggesting that Americans spent a record amount of money during the long holiday weekend.

Data from Adobe Analytics is projecting that Cyber Monday was the largest online shopping day in U.S. history, with $9.4 billion in sales, an increase of 19% year over year. This was on top of the $7.4 billion spent on Black Friday and the $4.2 billion on Thanksgiving Day, each up 20% year over year, according to Adobe.

Saleforce.com's figure was slightly lower at $8 billion in spending on Monday, up 15%. Sales were also up worldwide, topping $30 billion, up 12% compared with 2018.

Source Fool.com

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