GoFundMe campaigns take off for inflation-strapped families

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GoFundMe campaigns take off for inflation-strapped families
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GoFundMe campaigns take off for inflation-strapped Americans

Global GoFundMe campaigns for gas, grocery and baby formula needs raised more than $80 million this year, the platform announced Tuesday.Raging inflation dented savings and wages, prompting families and individuals to look for aid from strangers online.

"GoFundMe enables people to react to the news quickly, including the state of the economy," Margaret Richardson, chief corporate affairs officer, tells Axios.The number of crowdfunding campaigns for gas and groceries grew 60% and 10% this year, respectively.The big picture:

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