E-commerce revenues reached $18.4 bln in Q4 2004

Online retailers racked up an estimated $18.4 bln in sales in Q4 2004, an increase of 22% compared to Q4 2003.

Online retailers racked up an estimated $18.4 bln in sales in Q4 2004, an increase of 22% compared to Q4 2003. Total retail sales in the United States grew only 8.2% in Q4 2004, reaching an estimated $938.5 bln, according to Commerce Department.

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