zip co ltd

Citing macroeconomic and market conditions, Zip Co Limited and Sezzle Inc have mutually agreed to terminate their previously announced merger.

Shares in buy-now-pay-later (BNPL) Zip Co Ltd (ASX: Z1P) have been trading relatively flat despite recently providing the market with further details on its European and Middle Eastern expansion plan. Zip’s shares are up just short of 100% over the past 12 months, but still down 51% from their lofty highs reached earlier this year. Z1P share price Expansion…

ASX hit as US rattled, Boral takeover offer, Rex clarifies misstatement  The ASX200 (ASX:XJO) followed a global lead lower, falling 1.1% at the open and remaining in negative territory throughout the day. The IT sector was the hardest hit, falling 4.2%, and acting very much like a leveraged proxy for the US Nasdaq index. The key detractors were Afterpay (ASX:APT) and Zip…

Mixed day but higher finish, new highs for stalwarts, Woolworths disappoints The ASX200 (ASX:XJO) managed another small gain, adding 0.3%, powered ahead by the technology sector; Afterpay (ASX”APT) and Zip Co (ASX:Z1P) adding 3.5% and 2.5% respectively. With half the sectors down, it was the consumer businesses that were the biggest detractors, Woolworths (ASX:WOW) falling 3.9% after delivering lackluster third quarter sales figures….

I have a bullish outlook for the Kogan.com Ltd (ASX: KGN) share price for the long-term and I’m going to tell you why in this article. Kogan.com is one of the biggest online retailers on the ASX. It reported $638.2 million of gross sales in the first half of FY21, which is quite a lot considering it’s all…

And that’s a wrap. Reporting season is over. And to describe it in one word, the February 2021 reporting season was ‘pleasant.’ There weren’t too many surprises on the downside, winners exceeded losers, and the themes were as expected. However, prices moved well in advance of results. This meant that despite a significant number of…

Afterpay this, Afterpay that… what started five years ago as a small payments platform quickly became one of Australia’s most valuable and iconic companies. Afterpay listed at $1.00 only a few years ago (April 2016), and on today’s numbers is worth a staggering $41.7 billion at $150 a share. That is an astronomical gain of…

Lockdown 3.0, ASX finishes 0.5% lower, Baby Bunting (ASX:BBN) riding COVID-19 boom The ASX200 (ASX:XJO) finished 0.6% lower on Friday, dragging the market to 0.5% for the week. The news of the day was the snap five-day lockdown in Victoria, which naturally sent the industrials sector to significant losses, Qantas (ASX:QAN) fell 4.8% and Webjet (ASX:WEB) 3.9%. Over the week, it…

Shares in Zip Co Ltd (ASX: Z1P) jumped higher next week after Zip said that it achieved record quarterly revenue of $102 million, up 88% year on year. The December revenue was $40.2 million, up 94%. The revenue growth was driven by record quarterly transaction volume of $1.6 billion, up 103% year on year. The…

After what has been a tumultuous year for the entire world, it’s time to plot a course for the future, both 2021 and beyond. According to Sam Twidale, Portfolio Manager of DNR Capital’s Emerging Companies strategy, markets may be ‘underestimating the extent of the recovery’. We recently caught up with Sam to understand how he…