Business
Shares in Australian-listed buy-now-pay-later companies plummet by up to 96% – The Guardian
Zip’s announcement of $653m loss in August ‘shocked many’, as sector lost $1bn overall in 2021
Shares in Australian-listed buy-now-pay-later companies have plunged by an average of about 80% compared to peak prices within the past year, driven down by swelling losses and lower-than-expected consumer interest in the product.
While some stocks bounced…
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