Lost focus on the US..? Zip has just rolled out their largest marketing / advertising campaign all over the US and Larry has been there for months. You think he is just sitting around drinking coffee all day. Zip are almost on every billboard over there. They appointed a Chief Marketing Officer Jinal Shah to accelerate growth and innovation over in the US. They've partnered with some of the most popular brands/companies like Microsoft, Mercari, TickPick, Fantatics etc. Zips primary focus is the US and they have expressed this many times.
I also thought Zip had done too much too soon. However, in this industry it is survival of the fittest and early global expansion is important. Can you imagine how difficult it would be to start a brand new BNPL in the US. Good luck OpenPay. Zip know this and that's why we are now in 12 markets. The best part is our technology platform which allows us the seamlessy roll out into new markets very quickly and efficiently.
I agree we are in desperate need of institutional investment. We are all patiently waiting for a Tencent to come to the party. I think that's Larry's primary focus now as he's previously told us he's been spending a lot of time speaking with investors and sharing the Zip story.
Next up we have enter-prise level partnerships being announced imminently prior to Cyber weekend as Zip prepares for its biggest record quarter ever.
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