Christmas online sales 'rise 50%'
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UK internet sales rose by 50% in the run up to Christmas, compared to a year earlier, a survey says.
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Online auction king eBay (Quote, Chart) reported a better than 50 percent rise in quarterly revenue from last year and profits that jumped by about 77 percent compared to last year, thanks in part to its PayPal unit and growth overseas.
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A report from market research firm comScore pegs the amount of&#160;online spending this holiday season&#160;at nearly $28 billion, a 19 percent gain over the same period last year.
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Confirming predictions of a huge Christmas for e-commerce, Amazon.com said Monday that it enjoyed its biggest holiday season ever, and that for the first time in its history it sold more consumer
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Market research firm reports online spending was strong this holiday season, up 19 percent from last year.
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Online retail sales overseas continue to show significant growth, according to the latest figures released by the US Department of Commerce.
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It's shaping up to be a very  merry holiday season for online retailers.
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U.S. online retailers posted holiday sales of $23.2 billion, excluding travel, up a larger-than-expected 25 percent from the 2003 season, according to a new survey.
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U.S. retailers are starting their  holiday Internet marketing campaigns earlier this year, rolling  out promotions as much as two months before Christmas,  according to a study to be released on Wednesday.
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Holiday shoppers gravitated toward the Internet in big numbers late last year, with online retailers reaping some US&#36;23 billion from U.S. consumers. That figure marks a 25 percent increase from the &#36;18.5 billion spent online during the same period in 2003.
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U.S. retailers are starting their holiday Internet marketing campaigns earlier this year, rolling out promotions as much as two months before Christmas, according to a study to be released on Wednesday.
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Holiday Web sales are running ahead of forecast as online gift certificates helped give Internet retailers a chance to participate in U.S. consumers' last-minute shopping spree, Internet research firm comScore Networks said on Wednesday.
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UK retail sales were better than expected in November as Christmas shoppers began their seasonal flock to the High Street, figures show.
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E-tailers have laggards and penny-pinchers to thank for last week&#39;s brisk sales, which grew 25 percent over the comparable period last year, according to comScore.Procrastinators and deal-seekers helped create a &quot;flurry&quot; of online spending last week in the U.S., keeping retail e-sales strong, comScore said Sunday.Between Nov. 1 and Dec. 21 -- the first 51 days of the holiday season -- U.S. shoppers have spent $26.3 billion online, up 19 percent compared with the corresponding period last year.So far, the heaviest online shopping day this season was Dec. 10, the so-called &quot;Green Monday,&quot; a term coined by eBay for the second Monday in December, which the vendor has identified as particularly heavy e-sales day. U.S. shoppers spent $881 million that day, up 33 percent from the corresponding day in 2006.By contrast, Cyber Monday, the first workday after the Thanksgiving holiday in the U.S., ranks as this holiday season&#39;s ninth heaviest online shopping day, with $733 million in sales. Cyber Monday is considered the day when holiday online shopping kicks into high gear.Overall, comScore expects this year&#39;s holiday season to generate about $29.5 billion in online spending, which would represent a 20 percent increase from the same period in 2006.
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Shops all over the UK reported strong sales on Saturday despite reports of disappointing pre-Christmas sales.
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Consumersâ attitudes on the economy in the run-up to Christmas made an unexpected jump as of the end of December, according to a survey released Thursday.
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Internet retailer announces its best holiday season; electronics were the key.