BUZZ – Amazon inroad? Morgan Stanley sees chance from PayPal's Japan BNPL deal9 September 2021 9:45 am* Morgan Stanley says PayPal Holdings' $2.7 bln takeover of Japanese buy now, pay later (BNPL) firm Paidy couldkickstart a relationship with Amazon ...* Paidy, Morgan Stanley says, started providing BNPL services to Amazon Japan in 2019, which will now offer PayPal an inroad to the e-commerce giant in the country* Says the Paidy-Amazon relationship may also earn PayPal conversations with Amazon for it to provide BNPL or other credit solutions, or even digital wallet services, in the U.S.* Affirm last month partnered with Amazon to offer its BNPL services in the U.S., which MS says could indicate Amazon's openness to adding more ...* PayPal says Japan online shopping volumes more than tripled in the last decade to ~$200 bln and is the world's no.3 e-commerce market* Since launching its BNPL service last year, PayPal is now more aggressively moving to gain share in the booming industry from pure-plays such as Klarna, Afterpay and Zip Co Ltd* Square is set to buyout Afterpay for $29 bln(Reporting by Nikhil Kurian Nainan) (([email protected]; Twitter: @NikhilKurianN)
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
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| ZIP (ASX) Chart |