The Monday after Thanksgiving, sometimes referred to as “Cyber Monday,” traditionally has marked the start of the peak online shopping season.
Paypal, an Ebay company, reported a 34 percent increase in total payment volume Monday from last year to this. Shopping.com, another Ebay company, reported a 28 percent increase compared to last year.
Ebay.com was the most visited ecommerce site on “Black Friday,” the day after Thanksgiving according to Neilsen/NetRatings, Ebay said in a statement.
Overall traffic to online merchants for the entire Thanksgiving holiday weekend, from Friday through Monday, was also up 30 percent over last year.
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