ZIP 1.45% $1.36 zip co limited..

BUZZ – Amazon inroad? Morgan Stanley sees chance from PayPal's...

  1. 755 Posts.
    lightbulb Created with Sketch. 131
    BUZZ – Amazon inroad? Morgan Stanley sees chance from PayPal's Japan BNPL deal
    9 September 2021 9:45 am
    * Morgan Stanley says PayPal Holdings' $2.7 bln takeover of Japanese buy now, pay later (BNPL) firm Paidy could
    kickstart 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)
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
-0.020(1.45%)
Mkt cap ! $1.532B
Open High Low Value Volume
$1.38 $1.39 $1.34 $24.60M 18.09M

Buyers (Bids)

No. Vol. Price($)
3 45993 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.37 386131 13
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.