E-commerce growing rapidly according to Cyber Dialogue report

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"The Consumer Online Commerce Report," released June 17 by Internet researcher Cyber Dialogue and interactive agency Organic, projected that consumer spending online is expected to hit $34 billion by 2002. The report also found that in 1997 the number of online shoppers increased to 11.2 million, and 76% of those shoppers made multiple purchases.

New shopping categories also emerged, with a significant increase in gift, apparel, automotive and food purchases.

Copyright June 1998, Crain Communications Inc.

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