Zip Co Ltd (ASX:ZIP) provides customers with a revolving line of credit to finance their retail purchase with its brands of Zip Pay, Zip Money and Pocketbook. It is one of the largest Buy Now, Pay Later (BNPL) providers in Australia. Some of its largest clients include Bunnings Warehouse, Appliances Online, EB Games and Officeworks. Zip Co shares once traded under the ‘Z1P’ ticker symbol but have since changed to ‘ZIP’ (the old Ziptel ASX ticker symbol).
The S&P/ASX 200 (ASX:XJO) gained 0.3% to start the week as takeovers and reports from the likes of Class (ASX:CL1) and Zip (ASX:Z1P) made headlines.
It’s been a busy day for ASX shares, with takeovers, annual general meetings (AGM) and quarterly updates taking centre stage.
The Zip Co Ltd (ASX: Z1P) share price has moved into the green this morning after the business provided a first-quarter trading update.
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On The Australian Investors Podcast Owen Rask and 7Investing’s Dr Anirban Mahanti talk Zoom Inc’s (NASDAQ:ZM) deal for Five9 (FIVN), Zip Co and how to find the next Xero Limited (ASX:XRO).
The S&P/ASX 200 (ASX: XJO) finished the month on an extremely strong note, closing 1.9% higher. Zip (ASX:Z1P) shares are making headlines.
The Zip Co Ltd (ASX:Z1P) share price is on watch today after the BNPL business announced a partnership with Microsoft Corporation (NASDAQ:MSFT).
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