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In the third quarter of 2007, U.S retail e-commerce transactions rose by 23 percent to US$28.44 billion from US$23.05 billion in the same period last year, according to ComScore. The U.S.-based consultancy says its figures exclude online auctions, travel purchases, and large corporate purchases.
“U.S. online retail spending continues to grow at rates in excess of 20 percent year-on-year, which suggests that the market is still far from maturity,” says Gian Fulgoni, ComScore chairman,. “Even online travel commerce, which is a more developed market, continues to experience double-digit gains.”
According to ComScore, online travel purchases rose by 11 percent to US$20.15 billion in the third quarter of 2007 from US$18.24 billion in the same period last year.
For the first nine months of 2007, U.S. retail e-commerce spending totaled US$83.59 billion, while online travel purchases were worth US$59.74 billion. Retail e-commerce spending was up by 21 percent compared to the first nine months of 2006, while online travel spending was up by 13 percent, ComScore says.
Related Links
www.comscore.com
Third Quarter U.S. Retail E-Commerce Grows 23 Percent versus Last Year
