REPORT: Black Friday online sales hit all-time high of $7.4 billion, up 43% — these were the hottest toys and electronics

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BY TEAM DML / DECEMBER 1, 2019 /

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by MARKETWATCH.COM:

This year’s Black Friday was the biggest ever for online sales, and Adobe Analytics says carts filled on phones, computers and tablets rang up $7.4 billion in transactions, up 43% on the year.

That ranks just behind the $7.9 billion haul of last year’s Cyber Monday, which holds the one-day record for online sales. Adobe ADBE+0.15%  measures sales at 80 of the top 100 U.S. online retailers.

Adobe expects online sales to hit $9.4 billion this Cyber Monday. Much of the shopping is happening on people’s phones, which accounted for 39% of all online sales Friday and 61% of online traffic. Shoppers have been looking for “Frozen 2” toys in particular. Other top purchases included sports video games and Apple laptops. All the online shopping may have helped thin the crowd at malls on Black Friday.

To get more information about this article, please visit MARKETWATCH.COM. To weigh in, leave a comment below.

RELATED — VIDEO: BLACK FRIDAY FIGHTS CAUGHT ON VIDEO LAND SHOPPERS ON SANTA’S NAUGHTY LIST

DML News App offered you the above aggregated article preview as part of our ongoing effort to educate and inform people around the world about news, events, and politics. We encourage you to obtain additional information by visiting MARKETWATCH.COM

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