Omicron Variant Threatens Recovery, Twitter’s Social Commerce Opportunity, Luxury Meets Resale

By  |  December 1, 2021
 | 
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Luxury brands are getting more involved with the resale market. Plus, the omicron variant of the COVID-19 pandemic could put another crimp in the economic recovery around the world, and the new Twitter CEO can enhance the platform’s social commerce presence in a major way.

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    Data:

    211M: Number of Twitter’s daily active users through Q3 of 2021.

    300M: Twitter’s monthly user count through 2019.

    $3T: Total value of counterfeits in the retail sector.

    6.2%: U.S. inflation rate as of October 2021.

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    2.5B: Facebook’s monthly users through 2019 (almost 2.9B through 2021 Q2).


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