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Adobe, AI and online spending
Adobe: U.S. online spending topped $241 billion this past holiday season
Early reports of online holiday spending (Nov. 1 to Dec. 31, 2024) peg U.S. sales rising 8.7% to $241.4 billion, ahead of earlier estimates by Adobe Analytics. The figures
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.
Online holiday shopping soars to record high amid rise of AI shopping assistants, Adobe data shows
Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping assistants, according to data released on Tuesday by Adobe.
Adobe: Holiday Shopping Season Drove a Record $241.4 Billion Online and Rising 8.7% YoY
Today, Adobe (Nasdaq:ADBE) released online shopping data for the 2024 holiday season, covering the period from Nov. 1 through Dec. 31, 2024. Based on Adobe Analytics data, the analysis provides the most comprehensive view into U.
Holiday Online Sales Hit a Record $241 Billion in US, Adobe Says
US e-commerce spending rose 9% to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe.
Report: 2024 Holiday Online Spending Sets New Record; Sporting Goods Up Big
“Shoppers found great deals in electronics, where discounts peaked at 30.1 percent off list price vs. 31 percent in 2023, as well as toys at 28 percent vs. 28 percent, apparel at 23.2 percent vs. 24 percent, computers at 22.8 percent vs. 24 percent, and furniture/home goods at 19 percent vs. 21 percent,” the company said in its report summary.
AI chatbots drive online holiday spending to record level
Online spending throughout the 2024 holiday shopping season reached a record high and was driven, in part, by generative AI chatbots that funneled traffic to retail sites.
US online holiday sales rise nearly 9% on mobile shopping boom, report shows
U.S. online spending rose nearly 9% during the 2024 holiday season, with shoppers increasingly buying products such as TVs and LEGO sets on their smartphones, data from Adobe Analytics showed on Tuesday.
Holiday Shoppers Spent a Record $1.2T Online, 36% Took on Debt
Shoppers are spending more on the holidays than ever, but – at least in the US – they're taking on debt as well. The post Holiday Shoppers Spent a Record $1.2T Online, 36% Took on Debt appeared first on Tech.
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AI Is Reimagining Every Aspect Of Business, Adobe’s Strategy Lead Says
Scott Belsky says AI is collapsing boundaries between traditional business functions and putting more creative ability within ...
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Here's Why Adobe Stock Slumped in December (Hint: It's AI Related)
Shares in digital media technology company Adobe (NASDAQ: ADBE) fell by 13.8% in December, according to data provided by S&P ...
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Is Adobe saying the right things about AI art and copyrights?
Below Alexandru Costin, Vice President of Generative AI and Sensei at Adobe, explains in detail the challenges facing artists ...
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Majority Believe That Generative AI Enhanced Shopping Experience: Adobe Analytics Data
Tuesday disclosed online shopping data for the 2024 holiday season, covering the period from November 1 through ...
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2024 holiday shopping was the 'most mobile of all time'
The 2024 holiday shopping season saw a record $241.4 billion in online spending, an 8.7% increase from the previous year. As ...
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