PYMNTS-MonitorEdge-May-2024

Today in Data: Auto Retailers Tap Technology; Online Disputes Surge; reCommerce Grows

Today in Data: Auto Retailers Tap Technology

Today in Data, auto retailers rely on technology to improve the used car-buying process. Plus, Gore-Tex and gamers are among those helping the reCommerce market grow, and we look at how merchants are handling the increase in online disputes.

Data

15: Number of North American resort and retail locations with Gore-Tex “Outerwear on Demand” apparel rental program

$130B: Estimated value of reCommerce sector

$30,000: Average price of secondhand vehicles, up 42% from 2019

40,000: Number of Cox Automotive dealers who use data-driven pricing platform

39%: Share of eCommerce shoppers in the U.S., U.K. and Australia who are disputing more transactions now than before March 2020

PYMNTS-MonitorEdge-May-2024