According to Adobe’s new Digital Economy Index, e-commerce has grown by 49% in April with individual categories seeing higher growth.
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PayPal CEO Dan Schulman says the company was seeing “unprecedented demand” for its products and services.
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Roughly 250,000 net new active accounts per day
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In April, 7.4 million net new customers
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Q2 expectation is 15 million to 20 million net new accounts
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Revenue growth of 35% for PayPal online checkout in April
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Google Merchant Center accounts allow retailers to link their PayPal to their organic and paid product listings.
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Across Australia, retail stores are reopening – giving us hope that normalcy will come faster than we think. However, First Insight surveys say consumers will be cautious.
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Survey data from First Insight revealed consumers feel least safe in shopping malls and safest in grocery and drug stores.
Although stores are reopening, marketers warned not to mistake initial enthusiasm among shoppers as “returning to normal”. E-commerce will continue to play a much larger role in people’s lives.
For more info, contact your ADMATICian.