Stock Groups

Block nets $1.18B Q4 gross profit marking a 47% YoY increase -Breaking

[ad_1]


Block, Inc., a crypto-friendly tech company that offers digital payment technology, was able to post $1.18 Billion in gross profit for Q4. This represents a 47% increase over the period of 2020.

Led by maxi Jack DorseyThe company has several business units, including Square, Cash App and newly acquired Purchase now and pay for it laterAfterpay (BNPL), a company that was part of the $29 Billion deal, officially closed last month.