Cyber Monday rings in $12.4 billion in sales as consumers hunt for bargains [Yahoo! Finance]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
On Cyber Monday, consumers spent $12.4 billion online, up 9.6% compared to last year, per Adobe Analytics' data on e-commerce. As people looked to cash in last minute deals between 10 to 11 PM eastern, $15.7 million was spent every minute. This comes after Black Friday brought in a record breaking $9.8 billion, up 7.5% compared to a year ago, while the following weekend saw $10.3 billion spent. The total for Cyber Week — the five-day period between Thanksgiving and Cyber Monday — amounted to $38 billion, up 7.8% year-over-year. Retailers' plans to push harder on discounting may have worked, after consumers buckled down on spending amid rising interest rates, dwindling savings, the return of student loan payments and credit card debt "Prices are coming down and then we see discounts on top of that," Patrick Brown, Adobe VP of Growth & Insights said on Yahoo Finance LIVE. These two factors combined to create "a huge increase in demand." "Consumers are feeling like they've gotte
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EBAY
Earnings
- 10/29/25 - Beat
EBAY
Sec Filings
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- EBAY's page on the SEC website