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Why Jack Dorsey's Square paid a record $39 billion for Afterpay

By Lien Duong, Senior Lecturer in School Accounting of Accounting, Economics and Finance, Curtin University
Sonny Pham, Senior Lecturer in Computer Science, Curtin University
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In the first six months of 2021, Afterpay’s gross profit was US$284 million — about 150% more than the US$113 million profit it booked in the six months before the pandemic.

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