www.amazon.com
Amazon.com, Inc. offers services to consumers, sellers, and developers through its retail Websites. The Company offers programs that enable sellers to sell their products on its Websites and their own branded Websites.
Amazon up over 6% in online retail frenzy of Cyber Monday
Online retailer Amazon (NASDAQ:AMZN) was up over six percent on "Cyber Monday", the day devoted to online shopping deals in North America that follows Black Friday.
Black Friday is the day immediately after US Thanksgiving, which traditionally marks the start of the holiday shopping season.
As at 3.16 pm EDT, shares in Amazon were up 6.38 percent to $194.04.
Industry body, the National Retail Federation, said US retailers racked up a record $52.4 billion in sales over the Thanksgiving weekend, a 16.4 percent jump from a year ago as early opening hours and attractive promotions brought out more shoppers.
Chicago-based ShopperTrak said store sales on Black Friday itself rose seven percent to $11.4 billion, a rise of nearly $1 billion from a year ago.
Online retailers were pulling out all the stops by offering deals designed to entice shoppers into Web purchases of everything from digital cameras to flat-screen TVs. This year's hottest seller could be tablets, with Amazon's own Kindle Fire going head-to-head against Apple's (NASDAQ:AAPL) iPad 2.
Indeed, Amazon's website is extending its Cyber Monday discounts to the whole week.
Without providing specific numbers, Amazon said it sold four times as many Kindle products on Black Friday as it did last year, and that Kindle Fire, which features a color touchscreen, topped all Kindle sales.
Overall, Amazon said it has sold "millions" of its new Kindle line, including Kindle Fire, since introducing the devices on September 28.




















