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Pine Labs Launches BNPL Malaysia, page-152

  1. gimmegimme
    1,953 Posts.
    lightbulb Created with Sketch. 643
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    05/04/21
    23:54
    Post #: 52257650
    It looks like Pine Labs really has the jump on IOU in Malaysia.

    It is apparent now that they actually launched Pine Labs Malaysia in December 2020 with a deal with CIMB as shown below. How many other deals like that have they done but not announced?


    https://hotcopper.com.au/data/attachments/3064/3064696-4499be7f7ae22300e38327e1954ae33a.jpg

    And now on the Pinelabs.my website they are stating that they have 150,000 merchants from 3,700 cities in Malaysia and India already signed up. The horse has bolted and its too late for other players to gain a dominant position in what is a winner takes all industry.

    All eyes on the open tomorrow. It may not be pretty.


    https://hotcopper.com.au/data/attachments/3064/3064699-c841a9a92719f586bf4cefa06a694656.jpg



    IOU Price at posting: 38.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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