Yahoo Nov. 26 shopping volume up 400 pct from 1998
SANTA CLARA, Calif., Nov 29 (Reuters) - Yahoo! Inc. (Recall #reply-10339047) had record shopping transaction volume on Nov. 26, posting a more than 400 percent increase compared to the same day a year earlier, the online site said on Monday.
In the 10 days before Nov. 26, Yahoo! Shopping processed more orders than it did during the entire 1998 holiday shopping season, Yahoo said.
The most commonly term searched for on Yahoo! Shopping was Pokemon, Yahoo said.
''Friday's record order volume clearly signals that consumers are embracing the convenience of online shopping,'' Jeff Mallet, president and chief operating officer of Yahoo, said.
Yahoo said its auctions now have 1.2 million listings, up from 100,000 during the same time period a year ago.
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