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 Zip Co Ltd (ASX:Z1P) share price went up 12% today, making it one of the best performing ASX shares today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.09% at lunch.
Zip Co Ltd (ASX:Z1P) shares have dropped 2.4% after returning to trade from a capital raising.
I would much rather buy shares of Altium Limited (ASX:ALU) than Afterpay Touch Group Ltd (ASX:APT) at the current prices.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.35% at lunch.
One of Afterpay Touch Group Ltd’s (ASX:APT) main rivals, Zip Co Ltd (ASX:Z1P), has entered a trading halt.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.16% at lunch.
Is the Zip Co Ltd (ASX:Z1P) share price a buy due to the growth reported in its December 2018 quarter result?
Afterpay Touch Group Ltd (ASX:APT) has made its appearance in the Senate inquiry, is it now safe from regulation?