Business
Cyber Monday sales hit a record $10.8 billion
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Online sales for Cyber Monday landed in record territory in 2020, up more than 15% year over year, according to data gathered by Adobe Inc (NASDAQ: ADBE) Analytics. Sales climbed to a record-setting $10.8 billion, marking the biggest online shopping day ever in the U.S.
Adobe’s data tracks e-commerce transactions from 80 of the top 100 online retailers in the U.S. to arrive at its conclusions.
Buy online, pick up in store also took on increased importance this year as consumers sought to avoid crowds amid the pandemic. Curbside pickup on Cyber Monday jumped 30% versus last year.
“Throughout the remainder of the holiday…
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