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Online shopping to hit $12 billion mark, Jupiter predicts

Published on .

Consumers are expected to continue shifting their holiday shopping budgets online, with online merchants raking in up to $12 billion in the Nov. 1 to Dec. 31 holiday period, according to Jupiter Communications. That is a 66% increase over the $7 billion in online retail sales last year.

Copyright September 2000, Crain Communications Inc.

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