Ecommerce Sales In Q4 Breaks Records
FEBRUARY 4, 2011
The increase in sales bring the overall growth in the e-commerce sector closer to the gains the sector was seeing in 2007 and early 2008, before the sector was impacted by the economic downturn. However, the results have not yet reached the level of Q2 and Q3 of 2007, when e-commerce saw 23 percent growth in both quarters. A report released Friday by Internet measurement firm comScore finds that e-commerce spending reached a record of $43.4 billion for Q4 of 2010.