In a business update on Tuesday, Afterpay revealed underlying sales in the US had eclipsed the performance of its Australian and New Zealand operations.
For the third quarter of financial year 2021, sales from North America in Australian dollar terms were $2.6bn, while Australian sales stood at $2.1bn. The surge in US sales is a 167 per cent growth in comparison with the US sales figures booked in the same quarter last year.Total underlying sales for the period were $5.2bn.Afterpay noted sales events such as “Afterpay Day” in March flooded the company with a swath of new customers. Its customer base now stands at approximately 14.6 million active users.
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