Business
ASX 200 rises 0.8% Thursday 21 January 2021
The S&P/ASX 200 Index (ASX: XJO) went up by 0.8% today to 6,824 points.
Here are some of the highlights from the ASX:
The Zip share price went up by 23% after releasing its quarterly update to 31 December 2020.
Zip said that its quarterly revenue went up 88% to $102 million, with December revenue rising 94% to $40.2 million.
The buy now, pay later business achieved record quarterly transaction volume of $1.6 billion, which was up 103% year on year. The December transaction volume rose by 104% to $628.4 million.
Transaction numbers for the quarter went up by 149% to 10.7 million.
Customer numbers increased by 97% to 5.7 million whilst merchant numbers grew by 73% to 38,500.
Zip said that its US business, QuadPay, delivered record…
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