Categories: Finances

US online sales in Amazon’s Prime Day rise to $12.7 billion


© Reuters. FILE PHOTO: The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid.

(Reuters) – U.S. online sales during Amazon.com (NASDAQ:)’s Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for more bargains and discounts on the e-commerce platform, Adobe (NASDAQ:) Analytics data on Thursday showed.

Shoppers spent $6.3 billion on the second day of the shopping extravaganza. Deep discounts on products such as toys and appliances drew in customers who have otherwise cut their non-essential purchases due to rising rentals, mortgage rates and food prices.

Adobe data had on Wednesday showed that U.S. online sales during the first day of Prime Day jumped nearly 6% to $6.4 billion from a year ago.

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