Customers continue to pile into to buy now, pay later services, with the two major ASX players continuing to add customers.
while customers jumped 80 per cent to active 13.1 million. Afterpay shares are in a trading halt as it looks to raise $1.5 billion in convertible notes and increase the ownership of its US unit.Meanwhile, revenue at Zip Co jumped 130 per cent to $160 million, and saw a 141 per cent customer jump to 5.7 million users. Both services are still running at losses: Zip made a $453.8 million loss for the half, while Afterpay posted a $79.2 million loss.
and demand for retail space remains strong, with 98.5 per cent of the company’s portfolio currently leased. The 2020 loss was largely due to a $4.2 billion write down of the value of its malls in the face of COVID-19.
MsEmmaK Didn’t this company rip off Job keeper