Black Friday online sales hit record $7.4 billion

Economy

Published: 2019-12-01 10:36

Last Updated: 2019-12-01 12:16


Black Friday online sales hit record $7.4 billion
Black Friday online sales hit record $7.4 billion
Roya News Source

This year’s Black Friday was the biggest ever for online sales, and Adobe Analytics says carts filled on phones, computers, and tablets rang up $7.4 billion in transactions, Al Arabiyah reported

That ranks just behind the $7.9 billion haul of last year’s Cyber Monday, which holds the one-day record for online sales. Adobe measures sales at 80 of the top 100 US online retailers.

Adobe expects online sales to hit $9.4 billion this Cyber Monday. Much of the shopping happened on people’s phones, which accounted for 39% of all online sales Friday and 61% of online traffic.

Shoppers have been looking for "Frozen 2" toys in particular. Other top purchases included sports video games and laptops. All the online shopping may have helped thin the crowd at malls on Black Friday.