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Cyber Monday sales hit record $9.2 billion: Adobe Analytics

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Cyber Monday sales in 2019 are reaching new records, as the ease of shopping on the internet beats hopping in the car to head to the mall.

Shoppers are expected to ring up a whopping and record $9.2 billion online on Monday, up 16.9% from a year ago, with people spending an estimated $11 million every minute from 11 pm E.T. to midnight, according to Adobe Analytics, which tracks the web transactions of 80 of the top 100 internet retailers in the U.S.

Monday is also expected to become the first day in history where consumers spend over $3 billion, in a 24-hour window, via their smartphones.

As of Monday morning, Adobe was calling for Cyber Monday online sales to hit $9.4 billion, climbing…



Source cnbc.com

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