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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Last
$2.17 |
Change
0.000(0.00%) |
Mkt cap ! $2.833B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.24 | $2.16 | $26.49M | 12.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 176826 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 42564 | 2 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |