APT 0.00% $66.47 afterpay limited

Afterpay jumped 24% yesterday - here's why. They have rocketed...

  1. 34 Posts.
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    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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