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 consumer spending, including travel, rose 28% for the week ended Sun., June 8, comScore Networks reports.
For the week ended Sun., June 8, online consumer spending totaled $1.655 billion, up 28% from $1.304 billion in the year-ago period, comScore Networks Inc. reports.
Excluding travel, online consumer spending rose 11%, to $811 million from $723 million. Online consumer spending on travel alone rose 50%, to $854 million from $581 million, comScore says.