Today in data, a rapid drop in sales leads to speculation that the non-fungible token (NFT) bubble has popped, even as new investments flow in. Data 300M: Amount in dollars game studio Square Enix is investing in NFT gaming 6M: Number of NFT transaction requests...
Although food delivery aggregators thrived during the COVID-19 lockdowns, the resumption of “normal” life has led some of these businesses to stumble. Data $70.5 million: The capital infusion reported by meal kit service Blue Apron this week 71%: The number of delivery customers who used Doordash last...
Today in data, younger consumers — millennials and Gen Z — use buy now, pay later (BNPL) more often than their boomer and Generation X counterparts as this installment payment method grows in popularity. Data $125B: Value of the BNPL market last year $27M: Amount...
A new study finds that consumers who live from paycheck to paycheck are more likely to revolve credit card debt. Data $3.2 billion: LendingClub’s new loan originations, up 5% from the most recent quarter 64%: Portion of consumers living paycheck to paycheck in March, up...
Today in data, recent figures from HelloFresh suggest that people’s pandemic-inspired dining habits may stick around even as contagion concerns subside. Data 34.6M: Number of orders HelloFresh received in the first quarter of 2022, 18% more than 2021 8 in 10: Number of new Chipotle...
Today in data, PayPal reports a surge in buy now, pay later (BNPL) volume, coming at a time when the BNPL industry is projected to reach $3.3 trillion by 2030. Data 125B: Amount in dollars that the BNPL industry is worth now 3.6B: PayPal’s BNPL...
Today in data, a rash of recent hacks on cryptocurrency projects has not kept investors from wanting to continue to back them. Data 76M: Amount of money in dollars decentralized finance (DeFi) protocol Beanstalk hopes to raise from investors following its hack 59.6M: Number of...
Today in data, reports from shipping giants Maersk and UPS could suggest an economic slowdown on the horizon. Data 5B: Net sales in dollars for paint company Sherwin-Williams for the first three months of the year, an increase fueled by higher prices 400,000: Amount UPS’...
Today in data, after two years of large events and gatherings canceled or postponed due to the pandemic, the wedding and concert industries are seeing a boom while other hospitality-related sectors still struggle. Data 2.6M: The number of weddings – the highest in 20 years...