Buy.Com(r) Reports Record Growth For First Half of December


ALISO VIEJO, Calif., Dec. 17, 2008 (GLOBE NEWSWIRE) -- Buy.com(r), the Internet Superstore(tm), continues to experience record growth this holiday season, with revenue up over 40 percent for the first 15 days of December compared to 2007.

Buy.com shoppers are also making bigger purchases, with the average customer order size (in total cost) up by over 20 percent. The company attributes its sales growth in part to greater consumer awareness of its unique promotions, aggressive pricing, and exclusive product video content.

"We continue to experience strong sales this holiday season, with more shoppers looking at Buy.com to find the best deals on the Web," said Buy.com CEO and President Neel Grover. "We are committed to delivering the best online shopping experience during the holidays and year-round with a robust marketplace of products, the best prices online, multiple payment options and free shipping offers on millions of items."

About Buy.com

Buy.com is a leading e-commerce company with more than 12 million customer accounts, focused on providing its customers with a rewarding shopping experience and a broad selection of high-quality technology and entertainment retail goods at competitive prices. Buy.com offers millions of products in a range of categories, including consumer electronics, computer hardware and software, cell phones, books, music, videos, games, toys, bags, home and outdoor, baby, jewelry, shoes, apparel and sporting goods. Founded in June of 1997, Buy.com is located in Aliso Viejo, California. Buy.com(r) and The Internet Superstore(tm) are trademarks of Buy.com Inc. Buy.com currently competes with a variety of companies that can be divided into two broad categories: (i) retailers and ecommerce marketplaces such as eBay and Wal-Mart and (ii) specialty retailers or manufacturers such as Barnes & Noble, Best Buy, Circuit City and Dell.


            

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