Global holiday retail online sales hit $1.2 trillion, with $282 billion in the US, driven by mobile, social commerce, and AI adoption.
Returns surged 28 per cent YoY to $122 billion, with AI aiding customer experiences.
Mobile orders rose to 70 per cent of purchases, and social commerce contributed 20 per cent of global sales.
Discounts averaged 23 per cent in the US.
Returns surged 28 per cent YoY to $122 billion, with AI aiding customer experiences.
Mobile orders rose to 70 per cent of purchases, and social commerce contributed 20 per cent of global sales.
Discounts averaged 23 per cent in the US.