World News – AU – Zip Co Limited (ASX: Z1P) Reports 91% Revenue Up

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by Rachael Jones
23. November 2020, 11:00 a.m.

Zip Co Limited (ASX: Z1P) reports for the first four months of Fiscal Year 21 ended December 31. October 2020 ended with sales soaring 91 percent to $ 96. 7 million. The monthly transaction numbers have increased by 140 percent since the beginning of the year. Customers increased to 4. 8 million – that is 109 percent more than in the previous year. Zip US under the QuadPay brand accelerated after the first quarter of fiscal 21 and delivered record results for all major metrics in October – $ 160. 6 million. Transaction Volume (up 200% YoY), $ 11. 4 million. Sales and more than 2. 5 million customers. Zip Co Limited (ASX: Z1P) shares are traded 2. 35 percent higher at $ 6. 33.

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Zip Co Limited, ASX: Z1P, ASX

World news – AU – Zip Co Limited (ASX: Z1P) records sales growth of 91%
Related title :
Zip Co Limited ( ASX): Z1P) sales increase by 91%

Ref: https://www.finnewsnetwork.com.au

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