Social Commerce, Wheeling And Dealing, And Retail Appointments

Retail Shopping

Payments and shopping platform Klarna has acquired social commerce company APPRL. Plus, thredUP lands in Europe thanks to its acquisition of Remix, and retail shoppers are demanding more appointments than ever.

Data:

$84B: Projected total to be spent on social commerce by 2024.

49%: Share of TikTok users who have made purchases directly from the app.

$39B: Projected value of European secondhand market in 2025.

52M: Number of people who resold clothes in 2020.

1,700: Hours saved annually by retail employees via shopping appointments.