Cyber Monday Breaks E-Commerce Records with $13.3B in Sales

Cyber Monday set a new record as the biggest online shopping day in the US, with consumers spending $13.3 billion, a 7.3% increase from the previous year, according to Adobe Analytics. The five-day shopping period starting on Thanksgiving saw $41.1 billion in sales, driven by significant discounts and increased mobile device usage, which accounted for 57% of online sales. Popular items included toys, consumer electronics, and apparel, with discounts peaking at over 23% for some categories. Global sales also rose, reaching $49.7 billion.