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 by Staff Writers Washington (AFP) Dec 12, 2011
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.
Global Trade News
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