Tuesday, December 1, 2015

Adobe: Cyber Monday Breaks Records With $3 Billion In Online Sales

Cyber Monday sales have broken a record for the largest amount of online sales in history, according to Adobe, which says nearly $3 billion was spent on Cyber Monday. Adobe said it has figured a record $2.98 billion was spent by the end of the day Monday, bringing the total spent from Thanksgiving Day through Cyber Monday to $11 billion in online sales. Cyber Monday sales are up more than 12 percent from Adobe's numbers in 2014, and sales for the entire weekend are up 15 percent. Adobe called online traffic "astronomical", and said several retailers saw temporary outages and slow checkouts due to the high shopping activity. Adobe said its numbers are based on aggregated and anonymous data from 125 million visits to 4,500 retail websites on Cyber Monday. Image courtesy Bigstock.