US online sales gained momentum on Cyber Monday and are set to surpass initial expectations by hitting a record US$3.39bil (RM15.12bil) as consumers snapped up deals on the busiest day of the year for Internet shopping.
The revised outlook dismissed fears that a strong jump in web sales during the Thanksgiving weekend would hurt Cyber Monday. It also underscored the broader shift to shopping online, which is making up for slower spending in stores.
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