Afterpay, Tencent plot expansion as Gen Z shuns credit
Afterpay is deepening its relationship with Chinese giant Tencent to capitalise on a dramatic shift away from credit cards by Millennial and Gen Z customers that has accelerated during the pandemic, says Nick Molnar.
The Afterpay co-founder, appearing at The Australian Financial Review Retail Summit, also spoke candidly as an employer about managing younger generations during a time of political and economic upheaval.
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