Business News: Adobe Analytics Data Shows Cyber Monday Broke Online Sales Record with $7.9 Billion
Sales Coming From Smartphones Hit All-Time High With Over $2 Billion; Buy Online, Pickup In-Store up Record 50 Percent
SAN JOSE, CA – Adobe (Nasdaq:ADBE) yesterday released its 2018 online shopping data for Cyber Monday and the holiday week overall. Cyber Monday is projected to hit $7.9 billion by the end of the day, making it the largest online shopping day of all time in the U.S. This represents a 19.7 percent increase year-over-year (YoY) as of 7:00 p.m.