Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Wednesday 30 November 2016 4:53 pm

Online sales soared by over 20 per cent on Cyber Monday

By: Helen Cahill

Add as a preferred source on Google

Cyber Monday was bigger than ever this year, with online sales growing 22 per cent.

Shoppers' appetite for cheap goods online has not waned. According to Worldpay, there were 133 payments per second, with global online sales peaking at 16.01.

Read more: John Lewis just had the biggest week in its trading history

Shane Happach, managing director of global e-commerce at Worldpay, said: "While Cyber Monday has traditionally been the biggest day of the year for online shopping for Western customers, it faced a stiff challenge from Black Friday this time around."

He said that sales growth on Black Friday was stronger than on Cyber Monday, suggesting that some customers had managed to get everything they needed over what is now called Black Weekend.

"In the face of doubts around the relevance of Black Friday, the data says it all: consumer appetite for bargain shopping days remains strong, as more and more of us avoid the notorious Black Friday crush and opt to shop from the comfort of our own sofas," Happach said.

Despite the surge in online spend on Black Friday, plenty of people made it onto the high street. High street footfall increased 2.8 per cent year-on-year according to analysis by Springboard. John Lewis scored its biggest week in its history.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Retail

Trending Articles

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • The former African gold miner taking on the billionaire Issa brothers

  • Music tycoon Simon Cowell sued by prominent City lawyer

  • Exclusive: Big Four giant KPMG to cut more jobs

  • Easyjet proves too tempting a bargain for gatecrasher Apollo

More from City PM

  • M&S to face shareholder grilling over cyber attack recovery

    Retail
    Marks and Spencer was one of three UK retailers to be targeted
  • Tiktok falls under ban just as brands ramp up ad spend

    Tech
    Tiktok appeals to overturn US ban in a broader battle for tech regulation
  • ‘Act now’: AI models capable of attacks on governments months away, Five Eyes warn

    Tech
    GettyImages 158774123 showcases a relevant business meeting scene, highlighting diverse professionals engaged in discussion.
  • The Debate: Should CEOs be held personally accountable for cyberattacks?

    Opinion
    Evil-looking keyboard symbolizing cybersecurity threats and hacking risks in a digital landscape.
  • Jaguar Land Rover eyes cost-cutting and wealthy buyers in cyber attack recovery

    Retail
    JLR logo prominently displayed in an automotive business setting, highlighting the companys brand presence and identity
  • Gambit Cyber Launches Vizier AI – An Autonomous Security Intelligence Workspace for Continuous Exposure Management

    Business Wire
  • M&S chair: Tax and employment costs holding back Britain

    Retail
    Archie Norman, business leader, speaking at a corporate event wearing a suit and tie, engaging with the audience.
  • Trump to reject UK plea over Anthropic ban as AI ‘kill switch’ fears grow

    Tech
    Getty Images logo on a modern office building exterior, symbolizing global influence in media and stock photography industry

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook