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) powered to another record close on Monday on what’s been dubbed ‘the biggest day in Australian sharemarket history’.
The S&P/ASX 200 (ASX:XJO) is set to open higher on Thursday. All eyes will be on the Rio Tinto (ASX:RIO) share price as the market digests FY21 results.
The S&P/ASX 200 (ASX:XJO) powered to a record close on Thursday. BHP (ASX:BHP) and Zip (ASX:Z1P) shares are making headlines.
The Zip Co Ltd (ASX:Z1P) share price is rising after revealing its FY21 fourth quarter showing that revenue more than doubled.
The S&P/ASX 200 (ASX:XJO) finished 0.3% higher on Wednesday, overcoming weakness in BNPL shares like Afterpay (ASX:APT) and Zip (ASX:Z1P).
The Zip Co Ltd (ASX:Z1P) share price is on watch today on news that there could be an upcoming BNPL service called Apple Pay Later.
It was another mixed day for the S&P/ASX 200 (ASX: XJO) on Thursday, finishing slightly higher, up 0.2%, despite a strong opening. The S&P/ASX 200 is expected to open slightly lower on Friday, according to the Sydney Futures Exchange.
The S&P/ASX 200 (ASX: XJO) jumped 0.9% on Wednesday as Challenger (ASX:CGF) and Magellan (ASX:MFG) shares make headlines.
Zip Co Ltd (ASX: Z1P) shares seem to have retreated as it continues to trend downwards from its record high in February. Will more partnerships push the Zip price up?
