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Stock impact report

Who won in Cyber Monday's $6.6 billion sales bonanza? [MSN Money]

Solidion Technology, Inc. (STI) 
Last solidion technology, inc. earnings: 10/17 06:00 am Check Earnings Report
Company Research Source: MSN Money
Monday broke shopping records, becoming America's largest-ever online shopping day. Some $6.6 billion in sales was generated, according to Adobe Analytics, which tracks 80 percent of online shopping activity. By 10 a.m. Monday, $840 million had already been spent online, Adobe said -- a jump of 17 percent from the year before. Quotes in the article Spending on Cyber Monday typically peaks in the evening, between 8 and 11, and shopping activity during that time Monday exceeded that of a typical 24-hour day, according to Adobe Analytics.  © Provided by CBS Interactive Inc. So where are we spending all that money? In a word: Amazon. The e-commerce giant accounts for somewhere between 45 percent and 50 percent of all sales by volume, according to separate estimates from SunTrust Robinson Humphrey and GBH Insights. Amazon's revenue take is somewhat smaller, thanks to the large number of third-party sellers on its platform. Amazon will have about Show less Read more
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