Enough mate, you got to stop posting garbage over & over again.
Millennials/Customers are disloyal is another BLATANT LIE, zip got high quality tech savvy & young family as the customers with a retention rate of 97% thanks to credit checks. More than 70% are employed & rest are part timers or self employed. Customer satisfaction index is 89%. 1/100 customers are late in repayments compared to credit cards 1/6. 3 million ppl chopped credit card in Australia & similar trend is following in US
Merchants are disloyal is another LIE. Master trust program is the proof of that. Please review the master trust program initiated in August 2019 where zip can issue notes series as/when required against receivable book to fund growth. How can any merchant accept this if they are not loyal to zip & if there is not a good credit history with zip??
Another fact there is a 22 T $ Market where zip has presence as of today & zip has only captured 4.2 billion TTV & active users of 4 million whereas the aspiration is to go beyond 100 million active customers. We have merely seen a tip of ice berg & there is long way to growth.
there is no accountancy book in the world that judges company fundamentals on basis of bad debt vs revenue but since you are whining to much about it so please explain how you come up with a figure of 33%?
I know you have no case on fundamentals do now you will hide behind technicals. Nasdaq & zip are both flirting with their support lines so watch them bounce & then you will disappear from HC forever!!!
(20min delay)