Cyber Monday poised to mark record for US online retail sales


At Amazon's JFK8 distribution centre in Staten Island, New York, United States, Nov 25. On Cyber Monday, Amazon, one of the biggest beneficiaries of the pandemic-induced shift away from physical stores, did not appear to have any major technical glitches. — Reuters

Cyber Monday was set to become the biggest online shopping day ever for the United States, garnering up to US$11.4bil (RM46.5bil) as the coronavirus pandemic prompts consumers to stay at home and turn to the Internet for their holiday shopping needs.

The robust performance comes despite nearly two months of offers since Amazon.com Inc held its Prime Day sales event in October, with retailers seeking to recoup business lost during this year's Covid-19-driven closures of malls and stores.

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