Cyber Monday Sales Surpass $1 Billion
Sales holiday was biggest day for e-commerce in history
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Overall online sales on this year's Cyber Monday exceeded $1 billion for the first time, a 16 percent increase over last year.
Research firm ComScore found that Nov. 29 was the heaviest online spending day in history.
The research found that 9 million people participated in Cyber Monday, with the average buyer spending $114.24, and $60.05 per transaction.
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