Afterpay jumped 24% yesterday - here's why.
They have rocketed into the US since launch in mid-may 2018.
- signed over 400 retailers in the US
- completed over $11m in underlying merchant sales in the first full month of operation, compared to the 16 months it took to reach this scale in Australia
- processed 10% of total physical online retail in Australia
- 16,500 merchants, compared to 6,000 at the end of FY2017
Afterpay's stock is hitting all-time highs. Yet, the investment thesis remains extremely compelling — here’s why it has 10x potential (10-minute read).
Long-term view, my own opinion, DYOR.
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Afterpay - The 10x Thesis
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