For Jack Ma, executive chairman of Alibaba Group Holdings, today is an extremely busy and lucrative day because the company he founded 15 years ...
Online spending in April was 30% higher than it was in April 2000 and 23% higher than in March. Each shopper in April spent $10 more on average than in March.
Consumers spent $4.3 billion online in April, according to the Forrester Online Retail Index, the 16th survey in a monthly series conducted by Forrester Research Inc. and Greenfield Online. In March, online spending totaled $3.5 billion, for growth of 23% in April. Online spending in April 2000 totaled $3.3 billion. The figures are based on a survey of 5,000 consumers in the first nine days of the following month.
Consumers spent an average of $273 per person in April, compared with $263 in March. The survey includes purchases of travel services and event tickets.