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Cyber Monday: $49.7B spent online globally, Cyber ‘Week’ totalled $314.9B

The figures are now in for consumer spending on Cyber Monday, the third big online spending day — alongside Thanksgiving and Black Friday — in the first

On Monday, as many U.S. consumers returned to work after the long weekend, online shopping continued to power ahead spurred by big discounts of as much as 40% on average for some items. It also describes Cyber Monday as “the biggest online shopping day of all time” — which it is, based on Adobe’s figures. It’s not clear if that indicates more trust in BNPL as a credit alternative — no comparable stats are available on that front — or simply the fact that people just don’t have as much spare cash as they would like.

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