shopping
Online sites offer a vast array of goods at fiercely competitive prices. Last year, these online marketplaces such as Mercado, eBay, Vinted and Depop were responsible for about 35% of digital shopping orders worldwide, according to Statista. Supermarkets and online food suppliers came in second at 15% followed by direct-to-consumer (DTC) sites such as Nike and Adidas with 14%. The online sites for John Lewis, Boohoo and Argos had a share of 13%, with social on-app purchasing such as within games, coming in at 5%. Delivery apps such as Uber Eats and Deliveroo also accounted for 5%. Social media...
Euronews (English)
Doom spending is spending excessive amounts of money on luxury things or experiences, such as travel, to deal with concerns about your own finances or the general economic situation. People may feel like there's no point in saving, since they feel they won't be able to achieve their financial goals, and may as well live in the moment. Retail therapy and consumerism in general has long been used for its instant gratification, especially when people are feeling blue. However, doom spending can take it to a whole new level, with people often going into debt or failing to have a minimum level of s...
Euronews (English)
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