Record-Breaking Black Friday For eBay's PayPal
adeelarshad82 writes "eBay's PayPal division reported that PayPal processed 20 percent more transactions on Black Friday compared to last year. PayPal didn't release the total payment volume, but claimed that its Payflow Gateway system processes nearly a quarter of e-commerce, while its direct sales numbers reflect 12 percent of all e-commerce. In general, reports from a number of e-tailers and retailers indicated that consumers spent more on Black Friday than in 2008, when the United States was in the midst of a recession. However, it's still unclear whether shoppers bought more on Black Friday, when they could expect a discount on what usually is one of the busiest days in the holiday season, or whether the pattern will continue. In 2008, shoppers stopped buying in early December, a shock that the US economy felt well into 2009."
How did your Black Friday turn out? Did you wait in endless lines and contribute to the trampling deaths of fellow shoppers, sit at home and help take down your favorite online retailer's servers, or eschew the process altogether?
That America is a country of weak-minded sheep.
Given that it's named after becoming profitable for the year, I think "Jew Friday" would make more sense. Well, aside from the whole Christmas thing.
*ducks*
How are sites slashdotted when nobody reads TFAs?
qbutler69,
I voted for Barack Obama. I am a properly refined person. You are a xenophobic Republican with misplaced patriotism in a country of losers (mostly welfare-sucking whites). What is sold in stores is not junk, it is a better value and of better quality than anything the U.S. can manufacture.
The way I look at it, the exodus of wealth from the American middle class (a bunch of losers anyway) is a great thing for humanity as a whole. Finally, people in third world countries are getting real jobs. I'd rather see Americans poorer than see starvation in countries like India, Malawi, and Honduras.
This is Pareto's efficiency in action and the West are going to have to stop hoarding what is the world's resources.
Patriotism is a poor substitute for altruism towards your own.
"Where liberty is, there is my country."
-Benjamin Franklin
Regards,
Well-employed New Yorker
That's Easter, fucktard
Is this a rhetorical question?