Online Holiday Shopping Hits New $222B Record, Driven by Mobile and BNPL Services
- Online holiday spending hit a new record of $222.1 billion, up nearly 5% from last year
- Mobile shopping accounted for over half of online sales for the first time
- Discounts across categories like electronics and apparel drove spending
- "Buy Now, Pay Later" services saw sharp increases in use and spending
- Adobe report suggest spending was driven by consumer demand, not just inflation