Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal

The Wall Street Journal2021-08-02

(Updated on August 2, 2021 ET 04:19 AM) Square fell over 5% in premarket trading. Australian installment-payment company positions its service as a cheaper, more responsible alternative to a credit...

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Comments

Maygoo
2021-08-04
Maygoo
Like
tkj
2021-08-02
tkj
Is Afterpay worth that much? Sellers have to give 4 months instalments and still give commissions to afterpay...the markups on the products will be high...for consumers, pay within 4 months - is it a good deal? Currently some credit cards are giving 6 to 12 months interest free instalments... afterpay biz model is really not that great to justify the high acquisition value..
JohnWL
2021-08-02
JohnWL
Wow
Investorpw
2021-08-02
Investorpw
Expected. Plse like
- JohnWL:
  Sure
HYCTRADING
2021-08-02
HYCTRADING
Good for such expansion. However SQ is still overvalued
- 74rk:
  Yep
- Rookie22:
  Ya overvalued.
CIG
2021-08-02
CIG
This Square was just recommended by Fool.
- 大白兔女生:
  Find a good entry price

Leave a comment

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Sellers have to give 4 months instalments and still give commissions to afterpay...the markups on the products will be high...for consumers, pay within 4 months - is it a good deal? Currently some credit cards are giving 6 to 12 months interest free instalments... afterpay biz model is really not that great to justify the high acquisition value..","listText":"Is Afterpay worth that much? Sellers have to give 4 months instalments and still give commissions to afterpay...the markups on the products will be high...for consumers, pay within 4 months - is it a good deal? Currently some credit cards are giving 6 to 12 months interest free instalments... afterpay biz model is really not that great to justify the high acquisition value..","text":"Is Afterpay worth that much? Sellers have to give 4 months instalments and still give commissions to afterpay...the markups on the products will be high...for consumers, pay within 4 months - is it a good deal? Currently some credit cards are giving 6 to 12 months interest free instalments... afterpay biz model is really not that great to justify the high acquisition value..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805758660","repostId":1106026316,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805702735,"gmtCreate":1627904355027,"gmtModify":1703497540727,"author":{"id":"3586310790127154","authorId":"3586310790127154","name":"JohnWL","avatar":"https://static.tigerbbs.com/b004d29f43f551bb076fcdd2e281d3a6","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805702735","repostId":1106026316,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805456539,"gmtCreate":1627901968421,"gmtModify":1703497495900,"author":{"id":"3564887540980880","authorId":"3564887540980880","name":"Investorpw","avatar":"https://static.tigerbbs.com/d1dd948dbb16b3bc2aece70dc8351fa9","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Expected. Plse like&nbsp;","listText":"Expected. Plse like&nbsp;","text":"Expected. Plse like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805456539","repostId":1106026316,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5403005,"gmtCreate":1627904367871,"gmtModify":1663231821735,"authorId":3586310790127154,"author":{"id":3586310790127154,"authorId":3586310790127154,"name":"JohnWL","avatar":"https://static.tigerbbs.com/b004d29f43f551bb076fcdd2e281d3a6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.06","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805456539,"type":1,"supId":0,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"}],"langContent":"EN"},{"id":805483587,"gmtCreate":1627898884749,"gmtModify":1703497447223,"author":{"id":"3578111170630995","authorId":"3578111170630995","name":"HYCTRADING","avatar":"https://static.tigerbbs.com/c9e0027638722c0f3529c871d6b6ac99","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Good for such expansion. However SQ is still&nbsp;overvalued","listText":"Good for such expansion. However SQ is still&nbsp;overvalued","text":"Good for such expansion. However SQ is still overvalued","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805483587","repostId":1106026316,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5406403,"gmtCreate":1627939852317,"gmtModify":1663231838937,"authorId":3584006131453100,"author":{"id":3584006131453100,"authorId":3584006131453100,"name":"74rk","avatar":"https://static.tigerbbs.com/5d2cbf8ec63fa4fc1ffb7189ba15e1bc","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805483587,"type":1,"supId":5402462,"prevId":0,"content":"Yep","text":"Yep","html":"Yep"},{"id":5402462,"gmtCreate":1627899157232,"gmtModify":1663231820731,"authorId":3575290973507485,"author":{"id":3575290973507485,"authorId":3575290973507485,"name":"Rookie22","avatar":"https://static.tigerbbs.com/c6852efd5f87d9ecf7965e213c38ac97","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.92%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805483587,"type":1,"supId":0,"prevId":0,"content":"Ya overvalued.&nbsp;","text":"Ya overvalued.&nbsp;","html":"Ya overvalued.&nbsp;"}],"langContent":"EN"},{"id":805436444,"gmtCreate":1627897612788,"gmtModify":1703497422509,"author":{"id":"3583974841960176","authorId":"3583974841960176","name":"CIG","avatar":"https://static.tigerbbs.com/6c2077e2370e1ffcaca7e29b875be2be","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1},"htmlText":"This Square&nbsp;was just recommended by Fool.","listText":"This Square&nbsp;was just recommended by Fool.","text":"This Square was just recommended by Fool.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805436444","repostId":1106026316,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5402538,"gmtCreate":1627899814740,"gmtModify":1635162032962,"authorId":3567027336968594,"author":{"id":3567027336968594,"authorId":3567027336968594,"name":"大白兔女生","avatar":"https://static.tigerbbs.com/9164215640a1bec6913d46610a230edf","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.26","exceedPercentage":"93.20%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805436444,"type":1,"supId":0,"prevId":0,"content":"Find a good entry price","text":"Find a good entry price","html":"Find a good entry price"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":260,"commentSize":38,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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