'Cyber Week' Results in Record Online Spending of $6 Billion

'Cyber Week' Results in Record Online Spending of $6 Billion

December 5, 2011 Updated Dec 5, 2011 at 5:06 PM EST

According to a news release issued Sunday by comScore, U.S. consumers spent nearly $6 billion during "Cyber Week" which kicked off with "Cyber Monday" on Nov. 28 and ended on Dec. 2.

According to the comScore report, online spending eclipsed $1 billion on Nov. 28, 29 and 30. Cyber Monday (Nov. 28) saw the heaviest spending at $1.25 billion according to comScore.

“Cyber Monday kicked the week off with a bang as consumers opened their wallets to the tune of $1.25 billion, but it was only the beginning of a very strong week of online holiday spending,” comScore chairman Gian Fulgoni said in the news release. “Tuesday and Wednesday followed with billion dollar spending days, helping Cyber Week reach a record weekly total of nearly $6 billion in spending."

Read the comScore news release HERE.




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