ZIP 1.45% $1.70 zip co limited..

Ann: Zip Strikes Strategic Agreement with Amazon Australia, page-12

  1. 7,421 Posts.
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    Yes it's good, but it's only Australia, and they aren't that big in Australia.

    I'm also a little perplexed as to why Z1P need to pay Amazon in warrants, with potential dilution at shareholders expense in this deal. Not an insignificant amount either.

    Ultimately this is a great foot in the door, but it's a little concerning they need to pay Amazon to get in, rather then leverage off the models "Increased customer base" that BNPL is supposed to bring.
 
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