ASX-listed Splitit Payments climbs on Alipay partnership

Splitit

16/01/2023 24:41

** Shares of Splitit Payments  SPT.AX  rise as much as 13.9%
to A$0.205, set for their best session since Nov. 14
    ** Israel-based buy-now-pay-later co partners with Alipay
for a "pay after delivery" option for shoppers on AliExpress, an
e-commerce marketplace owned by Alibaba Group  9988.HK  
    ** Says service will initially launch in Germany, Spain, and
France, with plans to expand into other international markets
    ** Stock hits highest level since Dec. 6
    ** SPT shares down ~36% in 2022
 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))