You clearly have no idea about international businesses work.
Klarna are profitable in Sweden. Setting up in USA is obviously a high-cost venture, so losses in the early stages are to be expected.
USA is larger than Sweden so losses in the new market of USA will be larger than profits in the mature market of Sweden.no. Operators who can't manage bad debts (SZL, LBY) will go bust. Operators who will never scale (SPT, OPY) will go bust.
Operators who can manage bad debts and operate at scale will be profitable.
- Forums
- ASX - By Stock
- ZIP
- Klarna vs Zip valuation
Klarna vs Zip valuation, page-17
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.96 |
Change
-0.060(1.99%) |
Mkt cap ! $3.864B |
Open | High | Low | Value | Volume |
$2.96 | $3.00 | $2.91 | $20.97M | 7.100M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15999 | $2.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.97 | 99192 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15999 | 2.960 |
7 | 53590 | 2.950 |
3 | 26000 | 2.940 |
3 | 15000 | 2.930 |
8 | 48078 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.970 | 42700 | 4 |
2.980 | 41500 | 3 |
2.990 | 87998 | 3 |
3.000 | 70178 | 11 |
3.010 | 14331 | 2 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |