Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Amazon Wins E-Commerce Market Share With Better Holiday Season Speed, AppLovin Impresses: Analyst

Amazon.com Inc (NASDAQ:AMZN), Applovin Corp (NASDAQ:APP), Chewy, Inc (NYSE:CHWY) and RH (NYSE:RH) each benefitted from Cyber Monday.

What Happened: Adobe Analytics data indicates that Cyber Monday generated $13.3 billion in U.S. Online sales. It enjoyed 7.3% growth — above Adobe’s original estimate of 6.1%. This brought total Cyber Five sales (the period running from Black Friday through Cyber Monday) to $41.1 billion. That’s 8.2% growth versus the original 7% estimate.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.