Cloud Accounting stories
Xero, Wellington-based cloud accounting software firm, has become New Zealand's latest billion dollar company after its shares climbed to a new record.
Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.
The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.
Xero, the Kiwi cloud accounting firm, proudly steps into the NZX 50, marking a milestone in its journey since its 2006 inception.
