Business
Buy now, pay later juggernauts Afterpay and Zip report surging customer numbers – NEWS.com.au
Buy now, pay later juggernauts Afterpay and Zip report surging customer numbers
Active customers have surged 80 per cent at buy now, pay later juggernaut Afterpay as instalment payments continue to find favour with shoppers, but the company booked a bigger half-year loss and embarked on a capital raising.The company’s net loss for the six months to December 31 amounted to $79.2m, more than double its $31.6m loss for the previous corresponding period, primarily driven by a net loss on financial liabilities plus foreign currency losses, one-off items and other factors.
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