Americans harnessed buy now, pay later (BNPL) methods for their Black Friday purchases, while curbside pickup has been a hit during the pandemic period. In consumer behavior, the shopping journey of a “typical” grocery shopper has changed in a way that is increasingly looking to be a permanent shift instead of a transient event. And in the stock market, Petco and Poshmark are among the most important connected-economy initial public offerings (IPOs) expected this year. All this, Today in Data.
76M: Approximate number of Americans who are now carrying out their grocery runs digitally.
54%: Minimum share of those shopping for groceries online who say they will likely be vaccinated.
9%: YOY increase in Petco’s net sales in the first 10 months of 2020, despite COVID-19 closures.
4%: Portion of U.S. consumers who used BNPL solutions for Black Friday goods.
$1.25B: Reported valuation of clothing reseller Poshmark as of 2019.
Selected by Fintech Tube