Online sales jumped on Cyber Monday

Published: Dec. 2, 2008 at 9:05 AM

NEW YORK, Dec. 2 (UPI) -- Market researchers said online shopping perked up dramatically on Cyber Monday, the digital deal-making day that is the Internet's answer to Black Friday.

Web monitor Akamai Technologies said a record 6.7 million visitors per minute clicked on approximately 280 Internet retail sites by 3 p.m. Monday, up from last year's 4.6 million visitors per minute tally, the newspaper said.

"Things are better than expected," said David Fry, whose company operates online retail sites for major retail chains. Traffic was up 30 percent to 60 percent and revenue up 10 percent to 20 percent compared with a year ago, he said.

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