afterpay

Tencent acquires 5% stake in Afterpay

Hong-Kong-based mobile commerce conglomerate Tencent has acquired a 5% stake in...




afterpay

ASX rises as Afterpay surges on Chinese investment, job ads plunge

The Australian share market closes higher, shaking off initial falls, while Afterpay shares surge after revealing investment by Chinese firm Tencent. Job ads fell by 50 per cent in April as coronavirus hit businesses.