Block Reports 10% Transaction Growth, Local Spending Surges
ByAinvest
Tuesday, Dec 2, 2025 9:37 am ET1min read
XYZ--
Block reported a 10% rise in transactions during the Black Friday-Cyber Monday period, processing 124 million payments across Square, Cash App, and Afterpay. Local spending surged by 25% among Cash App Card holders, with gift card sales reaching $33.5 million. Buy Now, Pay Later activity grew, with basket sizes up 10% and per-customer spend rising 6%. Top-selling retail items were shirts, shoes, and pants.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet