New York Jack Dorsey's Square is spending $29 billion on an Australian buy now, pay later firm — a massive purchase that will help his company build out its global payments empire.
Square — the financial payments company known for its popular Cash App — said it plans to merge Afterpay with its existing apps. That will give"even the smallest of merchants" the ability offer buy now, pay later services at checkout, among other offerings.The acquisition is Square's largest ever.Afterpay was founded in 2015 and launched in America in 2018.
LeBron James tonight: 0 points 0 assists 0 rebounds 0 steals 0 blocks Why is no one talking about this fraudulent performance?
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Square posts upbeat profits while also announcing $29 billion deal for AfterpaySquare Inc.'s surprise release of its quarterly earnings report Sunday was its second-biggest news of the night, behind the announcement that it plans to...
Source: MarketWatch - 🏆 3. / 97 Read more »
Jack Dorsey's Square to buy Afterpay for $29 billion in stockBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Toxic. Of course they did.... And the Social Control just wants to know how Francisco Partners negotiated our services and products with DeptofDefense and other governments. It's amazing, the EmbaixadaEUA doesn't have an e-mail service to request information! Cc: jack PomerantzLLP 👉🏽PegasusProject
Source: BusinessInsider - 🏆 729. / 51 Read more »
Square Agrees to Acquire Afterpay for $29 Billion in All-Stock DealSquare agreed to an all-stock deal worth around $29 billion to acquire installment-payment company Afterpay Nice! $ALPP August is the turn-around month for Alpine, expected amazing financial report along with uplist to NASDAQ and then announcement of new acquisitions - it's going to go parabolic. For a group focused on ALPP and similar cracking stocks - come join us; this is terrible news
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Square to buy Australia's Afterpay in $29 bln all-stock dealU.S. fintech company Square Inc (SQ.N) said on Monday it had agreed to purchase Australian buy now/pay later giant Afterpay Ltd (APT.AX)in an all-stock deal worth about $29 billion. cc: Techmeme
Source: Reuters - 🏆 2. / 97 Read more »
Square Acquires Afterpay for $29 Billion in All-stock DealSquare Inc. said it reached a deal with Afterpay Ltd. to acquire the buy now, pay later company in an all-stock deal valued at $29 billion.
Source: wwd - 🏆 24. / 68 Read more »
Afterpay’s $29 bln Square deal taps new realityTapping into the Olympic spirit, Afterpay (APT.AX) is setting a new Australian record. In the country’s biggest merger, the unprofitable instalment-payments darling agreed to sell itself for A$39 billion ($29 billion) to Square (SQ.N), the U.S. company led by Jack Dorsey and best known for developing a credit-card reader used on mobile devices. The price tag, at a discount to its recent high, acknowledges a new market reality. Who’s the hillbilly in the pic Enough with the quarantine beard, Jack
Source: Reuters - 🏆 2. / 97 Read more »