E-Commerce Sales Up 23 Percent in Third Quarter

Thursday, October 25th, 2007

Erick Schonfeld is the Editor in Chief of TechCrunch. He oversees the editorial content of the site, helps to program the Disrupt conferences and CrunchUps, produces TCTV shows, and writes daily for the blog. He is also the father of three adorable children. He joined TechCrunch as Co-Editor in 2007, and helped take it from a popular... → Learn More

comscore-3q-ecommerce.pngWe tend to focus so much on online advertising that it is easy to forget there are other ways to make money online. Like good old-fashioned sales. Online sales in the third quarter across all categories (excluding travel) rise 23 percent to $28.4 billion, according to comScore. (Including travel, e-commerce sales are up 18 percent to $48.6 billion). Total e-commerce sales for the year are on track to hit $200 billion. No wonder Amazon’s stock is hitting new highs.

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