I can say for sure Amazon Australia is not anything amazing at this time, but it will become the largest selling platform in Australia in the next decade over eBay. There is no doubt in my mind whatsoever, it is a far superior platform to eBay for customers.
Amazon Australia is a real estate grab for sellers ATM, very few are making money but they are positioning themselves with ratings and search results for the long game, those who get in early will see untold wealth in future.
This will prove to be a very lucrative agreement for zip in years to come.
Yes zip is over priced ATM, my own sp valuation on current fundamentals struggled to find $1.50. but I still hold at $4 because this steam locomotive is fast becoming a bullet train.
There's too much talk here about tomorrow and next week, this is a long game, the big picture is enormous.
Z1P Price at posting:
$4.09 Sentiment: None Disclosure: Held
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