Business
ASX 200 rises again on Monday 23 November 2020
The S&P/ASX 200 Index (ASX: XJO) went up another 0.3% today to 6,562 points.
Here are some of the highlights from the ASX:
Buy now, pay later business Zip released a trading update for the first four months of FY21.
Zip said that it continued to deliver record results across all regions.
The company said that its revenue in the 2021 financial year to date was $96.7 million, which was an increase of 91% compared to the prior corresponding period. The month of October saw revenue of $27.6 million.
When including Zip’s business segment, total revenue was $100.2 million, with $28.4 million of that generated in October.
Zip delivered record transaction volume in October of $401.1 million, which was 104% higher than the prior year….
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