• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

Elon Musk’s DOGE swiped $329 million in humanitarian funding from Nepal, leaving a Gen Z tech revolution to transform the budding country’s economy

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

Elon Musk’s DOGE swiped $329 million in humanitarian funding from Nepal, leaving a Gen Z tech revolution to transform the budding country’s economy
TechAmazon

Amazon Is Already Boasting Its Best Cyber Monday Ever

By
Leena Rao
Leena Rao
Down Arrow Button Icon
By
Leena Rao
Leena Rao
Down Arrow Button Icon
November 28, 2016, 5:39 PM ET
Operations Inside An Amazon.com Inc. Fulfillment Center On Cyber Monday
Boxes move along a conveyor belt inside an Amazon.com Inc. fulfillment center in Robbinsville, New Jersey, U.S., on Monday, Nov. 28, 2016. In 2005, retailers coined the term "Cyber Monday" to describe a surge in web purchases on the first work day after Thanksgiving by people who had spent the weekend browsing in stores. Now, increasing number of online shoppers, particularly those buying over their phones, are skipping the stores entirely. Photographer: David Williams/Bloomberg via Getty ImagesDavid Williams — Bloomberg via Getty Images
Google source logo
Add Fortune on Google for similar content.

Amazon is on track to have its best Cyber Monday in history in terms of sales, the company said Monday. Of course, in typical Amazon (AMZN) fashion, the Seattle company did not release any sales figures to back up its claim.

Cyber Monday is expected to hit record online sales of $3.3 billion in the U.S., a figure that’s up nearly 10% from last year.

Amazon didn’t release much data on what is selling well, but the company did report its best-selling item on Thanksgiving, Black Friday, and Cyber Monday so far is the Echo Dot, the company’s internet-connected home automation device.

Get Data Sheet, Fortune’s technology newsletter.

One possible reason for the increased sales could be mobile shopping. Orders through the company’s Amazon’s iPhone and Android app are on pace to surpass app orders compared to Cyber Monday last year. The company also said that Thanksgiving Day became one of its busiest mobile shopping days in history.

Despite these optimistic reports, Amazon’s stock still dropped just under 2% in trading on Monday. According to Marketwatch, Amazon’s stock has dropped six out of the past 11 Cyber Mondays.

Holiday season consumers have been spending record amounts online this year, especially on mobile phones. But it’s not just e-commerce only companies that are seeing strong levels of spending. Target (TGT) also reported record online sales for Thanksgiving, as did Kohls.

About the Author
By Leena Rao
See full bioRight Arrow Button Icon

Latest in Tech


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Tech


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.