Block Inc
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Information Technology : IT Services | Large Cap Growth
Company profile

Block, Inc. creates tools that enable businesses, sellers and individuals to participate in the economy. Its segments include Square and Cash App. The Square segment includes managed payment services, software solutions, hardware and financial services products offered to sellers. Square segment also offers GoParrot, a digital ordering and marketing platform for restaurants. The Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. Cash App segment also includes Cash Card, which is linked to customer-stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Its Square ecosystem consists of more than 30 software, hardware, and financial services products. With Cash App, it is building an ecosystem of financial products and services that helps individuals manage their money by making it relatable, instantly available, and universally accessible.

Closing Price
$54.99
Day's Change
-0.91 (-1.63%)
Bid
--
Ask
--
B/A Size
--
Day's High
58.02
Day's Low
54.89
Volume
(Average)
Volume:
13,401,325

10-day average volume:
14,686,707
13,401,325

Afterpay partners with Sephora for buy-now-pay-later services

3:55 pm ET July 13, 2022 (MarketWatch)
Print

Afterpay, a wholly owned subsidiary of Block Inc. (SQ), said Wednesday that it has partnered with beauty chain Sephora to offer buy-now-pay-later services that will allow customers to pay for purchases over four installments. The service, which is available across digital and store channels, is expected to head to Canada this year. Block stock has dropped more than 60% for the year to date.

-Tonya Garcia

	

(END) Dow Jones Newswires

July 13, 2022 15:55 ET (19:55 GMT)

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