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News Burst: AOL members spend a billion over holidays
1998 was a banner year for America Online Inc. and for its merchant partners.
![zd-defaultauthor-margaret-kane.jpg](https://www.zdnet.com/a/img/resize/085f51ce3710eab79b93d9f783ed0b05597ba5e1/2014/12/04/0533552f-7b6c-11e4-9a74-d4ae52e95e57/zd-defaultauthor-margaret-kane.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
The company said today that its members spent more than $1 billion online between Thanksgiving and Christmas. And 1.25 million of those shoppers were making their first purchases online.
Full story to follow.
Take me to the AOL buys Netscape Special.