Afterpay Basket Size Increased 30% During Holiday 2020January 04, 2021 | About: ASX:APT +0.85% OTCPK:AFTPY +1.89%For a holiday season unlike any other, cozy items from Old Navy, Crocs and more topped Americans' shopping listsPR NewswireSAN FRANCISCO, Jan. 4, 2021SAN FRANCISCO, Jan. 4, 2021 /PRNewswire/ -- Afterpay(ASX:APT), the leader in "Buy Now, Pay Later" payments, today released consumer shopping trends for the Holiday 2020 shopping season for October 1st through the end of December 2020. Based on this data, consumers expanded their gift giving lists and shopped for more items compared to last year. The average basket size for Afterpay customers in the US increased by 30% when comparing the 2020 and 2019 Holiday shopping seasons. Traffic to Afterpay's brand partners was also strong, as the company saw a 145% year-over-year increase in referrals to global merchants from its Shop Directory.
APT Price at posting:
$119.00 Sentiment: Buy Disclosure: Held
