Block Inc. Reports 124 Million Transactions and 10% Growth During Black Friday Cyber Monday Weekend
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Block Inc. reported processing over 124 million transactions during the Black Friday and Cyber Monday weekend, a 10% year-over-year increase. Approximately 49.8 million unique consumers engaged with Block’s platforms, and over 1.3 million businesses were served. Key growth sectors included services (91% increase), home and garden (23% rise), and travel and experiences (13% up). Gift card spending reached $33.5 million, and social media purchases through Cash App Card grew 13%. Midtown Atlanta recorded the highest number of repeat customers.
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