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
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.36 |
Change
0.050(1.51%) |
Mkt cap ! $4.386B | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.40 | $3.26 | $37.72M | 11.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | $3.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 284106 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |