Cyber Monday Sales Juice Tech Shops
NEW YORK (
) --
Amazon's
(AMZN) - Get Report
position as online retail giant was confirmed again as Black Friday shopping numbers were tallied and released Monday.
But beyond the 13% year-over-year
Black Friday sales growth at Amazon
, a few behind-the-scenes tech shops also had a strong showing during the Thanksgiving rush, which should translate to a big Cyber Monday boost.
eBay's
(EBAY) - Get Report
PayPal
,
Google's
(GOOG) - Get Report
revamped product search site and
GSI Commerce
(GSIC)
, an online sales system provider, all enjoyed a rich slice of the action, said ThinkEquity's review of the e-commerce numbers from the weekend.
PayPal said it saw payment growth of 27% on Black Friday, up from the 20% rate a year ago. The online payment broker also said it saw greater than 300% growth in mobile transactions.
For Google, the introduction of Google Products gave the search giant an even stronger foothold in a competitive field that includes
and
Microsoft's
(MSFT) - Get Report
Bing Shopping price comparison sites. Google Product search traffic was up 69% over year-ago numbers, according to ThinkEquity, which cited a report by Mercent.
Another big player in the online shopping arena is GSI, the name behind retail brands like
Dick's Sporting Goods
(DKS) - Get Report
,
Cole Hahn
and
Aeropostale
(ARO)
deals. GSI shares, which have been down 6% this year, have risen 3% in the past week as the company continues to sign on new retail customers, including
Donna Karan International
.
--Written by Scott Moritz in New York.>To contact this writer, click here: Scott Moritz, or email: scott.moritz@thestreet.com.To follow Scott on Twitter, go to http://twitter.com/MoritzDispatch.>To send a tip, email: tips@thestreet.com.
