Arab Today, arab today us online spending rises 15 nearing year\s end
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

US online spending rises 15% nearing year\'s end

Arab Today, arab today

Arab Today, arab today US online spending rises 15% nearing year\'s end

Washington - AFP

US online shopping rose 15 percent from November 1 to December 9 compared to the same period last year, according to industry tracker comScore. Spending reached $24.6 billion in the five-and-a-half weeks, compared to $21.4 billion in the same period of 2010, it said. The rise in sales was boosted by the record \"Cyber Monday\" spending at the end of November of some $1.25 billion in a single day, with retailers attracting online buyers with promotions. Sales at US e-commerce sites topped last year\'s Cyber Monday figures by 22 percent, the industry tracker reported. Cyber Monday was launched in 2005 by a US national retail association to bring online shopping into the mainstream.

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