Business
The Zip (ASX: Z1P) share price has surged nearly 70% in 3 weeks! – The Motley Fool Australia
The Zip Co Ltd (ASX: Z1P) share price has surged nearly 70% in the past 3 weeks. Here’s why the company’s share price has been soaring.
The Zip Co Ltd(ASX: Z1P) share price has surged more than 69% in the past 3 weeks. Here’s why the company’s shares have been soaring.
What’s fuelling the Zip share price?
Late last month the Zip share price received a boost after the company released an update for the second quarter of FY21.
For the second quarter, Zip boasted a 103% increase in transaction volume to a record of $1.6 billion. As a result, the buy now, pay later (BNPL) company managed to generate an 88% increase in quarterly revenue…
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