Amazon Inc. (AMZN) - Get Report said Tuesday that this year's 'Cyber Monday' was the biggest single-day shopping event in the company's history, adding that consumers purchased more than 180 million items across its global platform during the five-days that began on the Thanksgiving holiday.
Amazon also said it sold a record amount of its electronic devices, and that is Echo Dot was the top-selling product from any manufacturer over the so-called "Turkey 5" shopping weekend that ended yesterday. The record sales followed data from Adobe Analytics which suggested that Cyber Monday generated an all-time high $7.9 billion in sales for U.S. retailers, a near 20% increase from last year's total.
"Black Friday and Cyber Monday continue to break records on Amazon year over year, which tells us that customers love shopping for deals to kick off the holiday shopping season," said Jeff Wilke, Amazon's Worldwide Consumer CEO. "With curated gift guides, convenient shopping experiences, incredible product selection, and free shipping with no minimum purchase amount, Amazon offers customers tremendous value-sure to deliver smiles all season long."
Amazon shares, which surged 5.28% in New York trading Monday, were marked 0.37 lower in pre-market dealing, indicating an opening bell price of $1,575.46 each, a move that would leave it some 22.75% from its September 4 high.