Mastercard reports 3.8% increase in US retail sales, driven by online shopping growth

From Nasdaq
January 2, 2025 12:51pm:

Mastercard Incorporated reported a 3.8% year-over-year increase in U.S. retail sales, excluding automotive, this holiday season. Online shopping drove growth, with e-commerce sales rising 6.7% year over year. Certain cities like Tampa and Phoenix saw double-digit e-commerce growth. Payment innovations are key for Mastercard’s growth, especially in online shopping. MA’s stock gained 25.7% in the past year.

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Read more at Nasdaq: Analyzing Holiday Sales Insights From Mastercard SpendingPulse