Reported 2 days ago
Cyber Monday, the biggest online shopping day of the year, is expected to see record spending in the U.S. with projections of $13.2 billion, a 6.1% increase from last year. This year’s holiday shopping season has shown robust online sales growth, with e-commerce continuously rising despite inflation concerns. Many retailers started their discounts early, contributing to overall higher spending during Cyber Week, which is predicted to exceed $40 billion. Consumers are increasingly opting for 'buy now, pay later' options to manage budget concerns.
Source: YAHOO