Business
Zip earnings plunge after spending $71 million chasing Afterpay and Klarna. – The Australian Financial Review
Analysts were expecting Zip to report positive earnings, but it made a loss after spending $71 million on marketing to chase…
Zips cash gross profit rose to $198 million from the year-earlier $80 million as it pointed to rapid customer acquisition, with active customers more than tripling over the year to 7.3 million. Of this number, 4.4 million are in the US and 2.8 million in…
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