gotta just browse the Sezzle merchant list to see the kinds of merchants they have.
It was the cause of alot of their bad debts due to the obscure and niche stores they were onboarding.
Target is the biggest win (before Affirm nabbed them too) but Zip seems to have paid alot for a couple of good names that aren't overlapping.
Honestly don't know how LD will turn this around - i was still hopeful hoping Zip wouldn't pull the trigger on SZL or at least absorb it without this much dilution, but LD always proves me wrong.
next Netflix doco - "Diamond - how to destroy a multi billion dollar opportunity"
Ann: ZIP Announces Acquisition of Sezzle, page-160
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$2.93 |
Change
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Mkt cap ! $3.825B | |||
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