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 sales were up 33% in the second week of the year over a year ago, reaching $1.8 billion from $1.36 billion a year earlier, comScore Networks Inc. reports.
Consumer online retail spending growth continued at a torrid pace the second week in January, when online sales were up 33% over the corresponding week a year ago, comScore Networks Inc. reports. Sales reached $1.8 billion for the week ending Jan. 15 from $1.36 billion a year earlier. Online sales the previous week were up 35% over the corresponding week a year earlier.
By comparison, ShopperTrak’s National Retail Sales Estimate reports that total retail sales grew 3.3% for the week ending Jan. 14 compared to the comparable week a year ago.
Online travel sales for the week ending Jan. 15 reached $1 billion, up 14% from $896 million in the corresponding week a year ago, comScore reports.