Retail Asia02/08/2021
7min0
Square Inc, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay for US$29 billion (S$39.3 billion), creating a global transactions giant in the biggest buyout of an Australian firm. The takeover underscores the popularity of a business model that has upended consumer credit by charging merchants a […]