Zip Co hits new record on eBay business partnership
By Lucy Battersby
Zip Co shares were up 12 per cent to new highs of $8.51 on the All Ords index after announcing its new Zip Business will partner with eBay.
Zip’s Spotcap brand will be rolled into Zip Business, which has received an additional $100 million in funding from Chicago-based Victory Park Capital Advisors.
Zip Co co-founder, Peter Gray.Credit:Louie Douvis
The deal will give eBay retailers flexible lines of credit to cover inventory and marketing costs.
Zip Co hits new record on eBay business partnership By Lucy...
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