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Australia's Afterpay mulls U.S. listing as 'buy now, pay later' takes off | WSAU News/Talk 550 AM · 99.9 FM - Vimarsana News

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...

Source: wsau.com
Australia's Afterpay mulls US listing as buy now, pay later thrives - Vimarsana News

Australia's Afterpay mulls US listing as buy now, pay later thrives

Photo: Afterpay April 20, 2021 Australian buy-now-pay-later company Afterpay said on Tuesday it is exploring a U.S. listing after North America became its biggest market, offering global 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 the coronavirus-driven surge in online shopping and ...

UPDATE 1-Australia's Afterpay mulls U.S. listing as N. America powers Q3 results - Vimarsana News

UPDATE 1-Australia's Afterpay mulls U.S. listing as N. America powers Q3 results

UPDATE 2-Australia's Afterpay mulls U.S. listing as 'buy now, pay later' takes off Reuters 2 hrs ago * Intends to remain Australia-headquartered * Underlying sales rise 104% to A$5.2 bln (Rewrites to add more U.S. context, shares, Australia details) By Nikhil Nainan and Scott Murdoch April 20 (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 li...

Source: msn.com