'Cyber Monday' sales top $2 bn, boosted by mobile

Online retail sales for Cyber Monday grew 16 percent from last year to $2.29 billion, lifted by more shopping on mobile devices, a market tracker said Tuesday. The Adobe Digital Index survey said online sales for the key holiday shopping day reflected an 80 percent jump in sales from mobile devices like smartphones and tablets. Mobile accounted for some 18.3 percent of online sales. Cyber Monday stems from the early days of the Internet, when consumers would use their fast Internet connections at work to make online holiday purchases.