Online retail spending rose 15 percent on Cyber Monday, the Monday after US Thanksgiving, according to data from tracking firm ComScore Inc.Online spending on 1st December 2008 was US$846 million, making Monday the second-heaviest online spending day on record, behind the US$881 million spent on December 10, 2007.
Annual online retail spending is expected to reach US$131.3 billion by the end of 2008 compared with US$122.8 billion during 2007.
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