Black Friday and Cyber Monday 2020 were record-breaking shopping days, further showing that e-commerce is not “a phase” and will likely continue to be a central aspect to daily operations for businesses. Black Friday online sales increased by nearly 22% to $9 billion, while Cyber Monday sales increased nearly 15% from 2019 – $10.8 billion in sales.
Source: SOVOS
Latest Posts in "World"
- OECD Amendments to Digital Platform Reporting Rules — Reduced Thresholds and Clarified Scope for Platform Operators
- E-Invoicing & E-Reporting developments in the news in week 27/2026
- VAT Concepts Explained: News Items & Podcasts Covering the VAT Topics That Matter Most (WIP)
- VAT Concepts Explained: Invoice as a condition for input VAT recovery
- E-Invoicing Models: SAP Add-On vs SaaS vs API Solutions













