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NEW YORK (Reuters) -A record amount of price-pinched holiday shoppers are expected to use buy now, pay later services for Cyber Monday to relieve stress on their wallets, according to Adobe Analytics.
The term "Cyber Monday" was coined by Ellen Davis, [6] [7] and was first used within the ecommerce community during the 2005 holiday season. [8] According to Scott Silverman, the head of Shop.org, the term was coined based on 2004 research showing "one of the biggest online shopping days of the year" was the Monday after Thanksgiving (12th-biggest day historically). [9]
Last-minute Cyber Monday shoppers could spend $4 billion between 6 p.m. and 11 p.m. EST alone "because consumers are going to be concerned about discounts weakening after that," Pandya said.
The WalletHub survey found 28% of people plan to spend less this year compared to 2022 on holiday shopping and 1-in-5 people will apply for a new credit card to help pay for it.
Cyber Monday is primarily known to offer more discounted items, and is projected to reach sales between $11.2 billion and $13 billion in 2020. On a more promising note, Gian Fulgoni of comScore said, "Black Friday, better known as a shopping bonanza in brick-and-mortar retail stores, is increasingly becoming one of the landmark days in the ...
National Cyber Crimes Investigation Agency. National Cyber Crimes Investigation Agency (NCCIA) is a specialized agency established by the Government of Pakistan on 3 May 2024. The agency replaced Cybercrime Wing of the Federal Investigation Agency (FIA) and was created to “counter propaganda and rumours on social media”.
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Black Friday now seems to be a multi-day extravaganza. Where are the best deals at California retailers?