"Zip says it finally became profitable in the United States in November and December, but its shares tanked on concerns that it will run out of cash before it exits markets outside of Australia and the US."
"Not likely with apple BNPL"
Apple BNPL should dominate global BNPL by 2025 and I predict if zip has to rely on competing against apple to survive only god himself could save them. But god seem's to prefer Apple as zip is/has been one of the greatest shorts! Does anyone know how many more weeks cash they have to burn or manage to compete against apple soon before bankruptcy if they cannot raise cash?
I am wondering if they could survive another month with bad loans and I read now regulation in NZ this is the dream short!?
"Zip says it finally became profitable in the United States in...
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Last
$1.76 |
Change
-0.058(3.16%) |
Mkt cap ! $1.999B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.83 | $1.74 | $18.60M | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 65812 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 109498 | 36 |
View Market Depth
| Last trade - 13.20pm 10/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |