Online spending on Cyber Monday in the US soared nearly 17 percent year-over-year to $9.2 billion, with shoppers spending about $11 million a minute during peak hours, according to preliminary data from Adobe Analytics. A whopping $3 billion of Cyber Monday's online sales were completed through a smartphone, which represents a 46 percent increase over last year's smartphone-based purchases.

Produced by: Richard Bradbury, Freda Liu, & Jeff Sandhu

Presented by: Richard Bradbury, Freda Liu, & Jeff Sandhu

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Tags:  Cyber Monday. Smartphones,  adobe,  analytics,  ,  Personal Finance,  Personal Development,  Managerial Resources/Development,  Personal Finance,  Investments,  Financial Literacy,  Young Finance,  Personal Development,  Entrepreneurship,  SME