Cyber Monday Pulls $7.9 billion in online sales.

Emailed on Thursday, 29 November 2018

In the United States alone, Cyber Monday sales pull out $7.9 billion from consumers pockets in just 24 hours and it’s up by 20% from last year. 

Cyber Monday is a marketing term coined by Ellen Davis and Scott Silverman to encourage people to shop online since 2005.

Holiday shopping around the world going up every year, with $30 billion in Gross Margin Revenue (GMV) just 24 Hours by China’s Alibaba on Singles day, $6.5 billion on Black Friday in The US and now $7.9 billion alone on Cyber Monday in online sales.

The Indian E-commence giant able to make around$3 billion in 5 days Diwali holiday season in 2018 and expected to grow $7-10 billion in coming years as supply chain management systems improves.

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