Here’s What Happens at Amazon on Cyber Monday

Amazon is poised to shatter yet another sales record thanks to the millions of Americans shopping online this Cyber Monday.

The Seattle-based ecommerce giant is encouraged by the strong sales it saw on Thanksgiving and Black Friday, said Doug Herrington, Amazon's senior vice president for North American retail, in an interview with Fortune on Monday.

Though Amazon won't disclose actual sales figures, it's said to have generated about 36% of all online sales during last year's Cyber Monday.

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