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Planned spend among Americans on Valentine's Day 2009-2020

Jan 30, 2020 | Shopping Behavior

Average expected spending per capita on Valentine's Day in the United States reached an all-time high of 196.31 U.S. dollars in 2020. This is an increase in over 90 U.S. dollars per person since 2009.

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Internet shutdown economic costs 2019, by country

Jan 7, 2020 | Use

Worldwide, there were over 18,000 hours of internet shutdowns in 2019, costing the global economy over eight billion U.S. dollars. According to recent data, Iraq was the country that was most affected by internet blackouts and social media shutdowns - online users in the country endured a total of 263 hours of shutdowns, which affected 18.8 million users and had an economic impact of approximately 2.32 billion U.S. dollars. In comparison, internet shutdowns in India occurred around 4,196 times and cost the local economy 1.33 billion U.S. dollars. Online shutdowns and blackouts are generally seen as an indicator of low internet freedom.

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Coffee market: major exporting countries worldwide 2018

Feb 13, 2020 | Hot Drinks

Brazil exported around 4.37 billion U.S. dollars worth of coffee in 2018, making it the leading exporter of coffee worldwide that year. Germany followed in second place, exporting around 2.6 billion U.S. dollars of coffee.

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Valentine's Day retail spending in the UK 2017-2020

Feb 11, 2020 | Shopping Behavior

From fashion to luxury, food and leisure, Valentine’s Day has successfully found itself a pocket in the retail and service economy on a global scale. In the United Kingdom alone, Valentine’s Day spending is predicted to jump to 855 million British pounds by 2019, marking an increase of nearly 25 percent since 2017. In 2019, dining out was the leading gift category with the highest amount estimated to be spent on Valentine’s Day. Men spend more than women The spending craze Valentine’s Day triggers is arguably not as widespread as on other special occasions, such as Black Friday or Christmas shopping. However, it still invigorates the economy as well as raising budget considerations on an individual level. In the UK, of those who had a Valentine to share the day and gifts with, men planned to spend more on Valentine’s Day treats than women. Social media as a channel for inspiration Increasingly, social media plays a bigger role not only when it comes to purchasing, but also for looking for inspirations and ideas for gifts. Consumer surveys reveal that platforms such as Google, Facebook, and Instagram figured as possible sources of inspiration for UK consumers when they were seeking the perfect gift for their Valentine. Among the three, Google was the most popular.

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Number of customers at selected European fintech companies 2018

Nov 26, 2019 | Banks & Financial Services

In the recent years, alternative payment and money management services have been expanding their customer base and reaching more and more people, challenging the conventional way we pay, save and send money. In 2018, Revolut and TransferWise ranked first among European fintech payment companies by customer base, with four million customers each.

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Projected medicinal cannabis market value in Europe in 2028

Jan 31, 2019 | Pharmaceutical Products & Market

In 2028, it is estimated that France will have a medicinal cannabis market worth approximately 9.5 billion euros, this would make it the largest medical cannabis market in Europe. The United Kingdom and Germany are predicted in this year to have markets worth 8.8 and 7.7 billion euros respectively. As of 2018, only a few countries in Europe have legalized medical cannabis products, but in the coming years it is expected than many more countries will follow in legalizing cannabis for medicinal purposes.

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