Afterpay surges on reveal of Tencent shareholding

By on
Afterpay surges on reveal of Tencent shareholding

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

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:
afterpayfinancesoftwaretencent

Sponsored Whitepapers

Planning before the breach: You can’t protect what you can’t see
Planning before the breach: You can’t protect what you can’t see
Beyond FTP: Securing and Managing File Transfers
Beyond FTP: Securing and Managing File Transfers
NextGen Security Operations: A Roadmap for the Future
NextGen Security Operations: A Roadmap for the Future
Video: Watch Juniper talk about its Aston Martin partnership
Video: Watch Juniper talk about its Aston Martin partnership
Don’t pay the ransom: A three-step guide to ransomware protection
Don’t pay the ransom: A three-step guide to ransomware protection

Events

Most Read Articles

Kmart Australia stands up consent-as-a-service platform

Kmart Australia stands up consent-as-a-service platform
NSW digital driver's licences 'easily forgeable'

NSW digital driver's licences 'easily forgeable'
Kmart Australia re-platforms ecommerce site to AWS

Kmart Australia re-platforms ecommerce site to AWS
NBN Co's 250Mbps and gigabit growth is finally clear

NBN Co's 250Mbps and gigabit growth is finally clear

Digital Nation

Metaverse hype will transition into new business models by mid decade: Gartner
Metaverse hype will transition into new business models by mid decade: Gartner
COVER STORY: From cost control to customer fanatics, AI is transforming the contact centre
COVER STORY: From cost control to customer fanatics, AI is transforming the contact centre
Case Study: PlayHQ leverages graph technologies for sports administration
Case Study: PlayHQ leverages graph technologies for sports administration
As NFTs gain traction, businesses start taking early bets
As NFTs gain traction, businesses start taking early bets
The other ‘CTO’: The emerging role of the chief transformation officer
The other ‘CTO’: The emerging role of the chief transformation officer

Log In

  |  Forgot your password?