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Company News Summary

Zip Co Provides Q2 FY 2022 Results Update

20 Jan 2022  |  08:53:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Q2 FY22 - Zip momentum continues

Zip Co announced its Q2 results for the period ending 31 December 2021. It remains well placed with regards to its capital management requirements. It signed enterprise merchants including Footlocker, Mercari, Revolve, Shein, Driven Brands, Swappa, Electronics Express, Nespresso, Virgin Australia, Oscar Wylee, Culture Kings, Under Armour and many more. It completed the acquisition of Twisto providing a regional HQ and passport for European expansion. The acquisition of Payflex is expected to complete in early 2022.

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