Âé¶¹ÒùÔº

January 16, 2018

Click, tap, buy: Holiday shoppers spent record amount online

Shoppers spent a record amount online during the holiday season.

That's according to Adobe Analytics, which reports during the reached $108.2 billion, up almost 15 percent from $94.4 billion the year before. The research arm of software maker Adobe says more than a third of online holiday revenue came from purchases made on smartphones or tablets.

Adobe Analytics says people likely spent more due to low unemployment rates and a strong stock market.

Last week, the National Retail Federation said in-store and online holiday spending rose 5.5. percent, the strongest gain since the Great Recession.

Load comments (0)

This article has been reviewed according to Science X's and . have highlighted the following attributes while ensuring the content's credibility:

Get Instant Summarized Text (GIST)

This summary was automatically generated using LLM.