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Online sales surge past $1 billion for the first time.
December 1, 2010
By: TOM BRANNA
Editor
Online sales passed a milestone on Cyber Monday, asonline spending surpassed $1 billion in sales, according to ComScore. However, the firm cautioned that the strong showing resulted from promotions and might not continue throughout the season. “Cyber Monday was a historic day for e-commerce as we saw daily spending surpass $1 billion for the first time,” said comScore chairman Gian Fulgoni. “The online holiday shopping season has clearly gotten off to a very strong start, which is welco...
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