US online sales hit $7.2 billion on first day of Amazon Prime Day event, Adobe says
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Amazon (AMZN) Prime Day sales up 11%
July 18, 2024 10:46 AM EDTDuring Amazon's (NASDAQ: AMZN) 48-hour Prime Day sale, US shoppers spent $14.2 billion online, an 11% increase from last year, in line with estimates, according to Adobe Inc.
Consumers capitalized on significant discounts to upgrade their electronics, clothing, and small household gadgets, said Adobe, which monitors online expenditures across all American retailers during Amazon's annual summer sale.
Adobe analyst Vivek Pandya said: "Its clear now... More
