Business
Zip Co revenue jumps by 80 per cent as US growth ramps up – Sydney Morning Herald
Zip Co says revenue jumped by 80 per cent in the March quarter compared with a year earlier, amid a surge in transactions in its United States business.
Zip Co says revenue jumped by 80 per cent in the March quarter in annual terms, amid a surge in transactions in its crucial United States business.
In a trading update, the buy now, pay later (BNPL) rival to Afterpay said its revenue was $114.4 million in the quarter, as spending on its platform jumped by 114 per cent in annual terms, despite the March quarter being a slower period for consumer than the three months to December.
Peter Gray (left) and Larry Diamond, founders of Zip. The company said…
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