What Emoji used on Venmo tell us about the US economic recovery — Quartz
April 16, 2021 The Covid-19 pandemic has crushed some sectors of the global economy, with shuttered businesses leaving many people jobless. Others have been buoyed by it, as consumers have shifted their behavior and spending. Many of these shifts are apparent in transactions made on Venmo, a PayPal-owned payment platform for people in the US. Our analysis of emoji used in over 68,000 transactions from March 2020 and March 2021 suggests there are fewer transactions related to paying for haircuts, rent, and toilet paper, but more related to celebrations, recreation, and sending love. How we cal...
Source: qz.com