Afterpay Ltd (ASX:APT) is the owner of the popular “buy now, pay later” app. Afterpay has over 9 million registered users worldwide, making it one of Australia’s true technology success stories. Afterpay is trying to emulate its outstanding success in Australia by expanding its reach into the UK, using the ‘Clearpay’ brand name, and into the USA, where it has signed major social influencers to endorse its service.
Could the Zip Co Ltd (ASX: Z1P) share price be a takeover target?
Afterpay Touch Group Ltd (ASX:APT) has its sights set on the US to achieve its growth dreams.
The Afterpay Touch Group Ltd (ASX: APT) share price has flown to the stratosphere. Zip Co Ltd (ASX:Z1P) and Splitit Ltd (ASX:SPT) are being swept up in its wake.
Afterpay Touch Group Ltd (ASX:APT) may soon be facing another buy now, pay later rival on the ASX.
I would think long and hard before buying Splitit Ltd (ASX:SPT) shares at the current price and Afterpay Touch Group Ltd (ASX:APT) shares aren’t much better.
An hour after market open, WiseTech Global Ltd (ASX:WTC), Altium Ltd (ASX:ALU) and Appen Ltd (ASX:APX) shares are all down 4% or more.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.40% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.61% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.002% on Tuesday.
