American consumers, staying home amid the coronavirus pandemic, spent $9 billion online on Friday, a 21.6% increase over the same day in 2019, Adobe said. It said Friday's sales were surpassed only by those of last year's Cyber Monday, the Monday after Black Friday, when the focus is on online sales. Notably, some 40% of sales were conducted over smartphones, and many consumers supported small businesses. This Monday, with the usual surge of Cyber Monday spending amplified by the Covid effect, analysts are predicting an all-time record. Sales are expected to total from $10.8 billion to $12.7 billion, up by 15 to 35%.

Source: Dhaka Tribune November 28, 2020 16:41 UTC