Cyber Week Spending Surges, AI & Buy Now Pay Later Trends

Cyber Week 2022: A Record-Breaking Spending Spree - American shoppers spent a whopping $44.2 billion online during the Thanksgiving weekend, with Cyber Monday alone raking in $14.25 billion. This marked a 7.7% increase from last year, despite initial predictions of a lower total. Retailers offered competitive discounts, encouraging early shopping and AI tool usage for price comparisons. Buy now, pay later services also saw a surge, reflecting consumers budget management strategies amidst rising expenses.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.