Cyber Monday

Online sales volume is expected to reach a whopping 400 billion Turkish Liras ($14 billion) in November due to discount campaigns and special occasions, according to Hakan Çevikoğlu, the president of the Association of E-Commerce Operators (ETİD).

Conversely, commercial companies count on both Black Friday and Cyber ​​Monday, escalating their communication policy with tempting offers on products that reach up to 80%.

November's shopping spree is expected to boost the sales of both physical and online retailers by as much as 60 billion Turkish Liras (around $6.2 billion).

Retailers are keenly waiting for the Singles' Day on Nov. 11, the "Legendary Friday" on Nov. 26 and the Cyber Monday on Nov. 29.

Legendary Friday is the Turkish equivalent of Black Friday.

Φθινοπωρινές εκπτώσεις 2021: Πότε «πέφτουν» Black Friday και Cyber Monday

The Athens Traders' Association on Tuesday said that this year's Black Friday sales campaign, when retailers slash product prices to push surplus stock, will take place on November 29.

Americans set a record for purchases on Thursday and Friday, buying goods and services for a total of USD 7.9 billion, according to mediapool.

Internet sales during this year's Black Friday are 17.9% more than last year, according to Addaub Digital Insight data. The company monitors sales information in the 100 largest online stores in the United States, quoted by Reuters.

With Black Friday less than 24 hours away, many major retailers are offering shoppers great post-Thanksgiving deals of up to 80% off their regular prices. Some of the big names participating in this year’s shopping frenzy are Public, River West, Media Markt, Factory Outlet, Gap, Οysho, Germanos and Plaisio.

Chinese shoppers spent more than $1 billion in the first five minutes of Singles Day on Nov. 11, e-commerce giant Alibaba said in the world's biggest online shopping promotion.

A double cyber attack on Greek banks has been taking place with precision over four days. A group of hackers has launched therats against the e-banking systems of three Greek banks seeking a ransom in bitcoin. Meanwhile, there are leaks of Greek debit and credit card data that  have been used for transactions with the United States in recent days.

Chinese Internet users spent billions of dollars in the planet's biggest online shopping splurge Nov. 11, as "Singles Day" hit new heights, despite slowing growth in the world's second-largest economy.