ZIP 1.63% $1.88 zip co limited..

Cash Flow Positive Party, page-335

  1. 9,723 Posts.
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    I swear the US kills growth & prosperity in foreign companies. Why do we want to stay and compete when even Klarna have failed and destroyed their valuation. Klarna is set to IPO as soon as market conditions "improve" rolleyes.png but the most interesting thing I read in this article is this....

    "Klarna was consistently profitable from its founding in 2005 until 2018 when it started making losses after it invested heavily in a US expansion ahead of a hoped-for IPO."


    They were profitable all those years in 2005 to 2018 until, like many others who foolishly think they need to conquer the US market when it's probably just best to leave it to the old school banking/financers in the US to have.

    TIME TO SELL US-ZIP and start making money. Zip should try to make US-ZIP as attractive as possible in the next year or two and sell it off before Klarna IPO and get billions in funds to play with and crush all the other BNPL players in the US.


    ft.com/content/61740c94-5099-438e-9224-24bd143d83aa
 
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