Today In Data

The Rise Of Digital Commerce Amid The Pandemic 

Digital Commerce Retail

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.

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.

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