2023 holiday spending breaks e-commerce records
01/05/2024 05:44
Online consumer spending broke records over the 2023 holiday season, according to research data from Adobe. Consumers spent over $22 billion, the largest revenue in the past three years with value-driven purchases still the focus. Thanksgiving to Cyber Monday saw 22% of purchases, due to the various sales opportunities during that window. Yahoo Finance’s Brooke DiPalma breaks down these numbers and weighs in on the buy now, pay later trends' role in holiday spending. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim.
Online consumer spending broke records over the 2023 holiday season, according to research data from Adobe. Consumers spent over $22 billion, the largest revenue in the past three years with value-driven purchases still the focus. Thanksgiving to Cyber Monday saw 22% of purchases, due to the various sales opportunities during that window.
Yahoo Finance’s Brooke DiPalma breaks down these numbers and weighs in on the buy now, pay later trends' role in holiday spending.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Eyek Ntekim.