Don't you guys think that Facebook would have done the numbers before giving a small percentage of revenue to Zip.
Facebook bad debt increased fifty fold in Q1 so they are seeing a developing trend and it's worth them letting Zip take the credit risk.
its a lot cheaper than credit insurance for Facebook and there will only be one winner in this transaction and it will be the Dominant partner Facebook
https://headtopics.com/us/coronavirus-facebook-google-s-bad-debt-expense-spikes-in-q1-2020-business-insider-12796294
Ann: Zip partners with Facebook, page-68
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