Australia's Afterpay mulls U.S. listing as 'buy now, pay later' takes off | WSAU News/Talk 550 AM · 99.9 FM
By Syndicated Content By Nikhil Nainan and Scott Murdoch (Reuters) - Australian buy-now-pay-later company Afterpay said on Tuesday it is exploring a U.S. listing after more than doubling its third-quarter sales, offering U.S. investors an easier path to owning a stock that has boomed through the pandemic. Afterpay has tapped Goldman Sachs to advise on the listing, two sources with direct knowledge of the matter told Reuters. Goldman declined to comment. The Melbourne-based firm was last valued at nearly A$37 billion ($28.7 billion) despite never having posted a profit, thanks to t...