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Afterpay surges on reveal of Tencent shareholding

By Nikhil Nainan

May 4 2020 2:02PM

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 ...

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