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Why Jack Dorsey’s Square paid a record $39 billion for Afterpay – The Conversation AU

In the first six months of 2021, Afterpay’s gross profit was US$284 million — about 150% more than the US$113 million profit…

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The A$39 billion (US$29 billion) that Twitter founder Jack Dorseys digital payments company Square is paying to acquire Australian upstart payments outfit Afterpay is the biggest takeover deal in Australian corporate history.
It surpasses the A$32 billion…

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