Afterpay surges on reveal of Tencent shareholding

By

Up 36 percent in early trade on Monday on possible expansion in Asia.

Afterpay surges on reveal of Tencent shareholding
Shares of Afterpay Ltd surged nearly 36 percent in early trade on Monday after it unveiled Tencent Holdings as a shareholder at the end of last week, with investors cheering the buy-now-pay-later company's possible expansion in Asia. Shares of the Australian firm climbed to $39.59 within the ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ANZ's group executive of technology Gerard Florian to retire

ANZ's group executive of technology Gerard Florian to retire

How NAB unwound Teradata's 'tentacles' to decommission it

How NAB unwound Teradata's 'tentacles' to decommission it

NAB approved to use serverless in data environment

NAB approved to use serverless in data environment

NAB brings Pete Steel into new digital, data and AI exec role

NAB brings Pete Steel into new digital, data and AI exec role

Log In

  |  Forgot your password?