107091866 1658368887506 gettyimages 1219247616 aa 11062020 105940 Zip exits Singapore, leaving crypto offerings behind

Zip exits Singapore, leaving crypto offerings behind

– Zip Co Ltd is an Australian buy-now-pay-later company
– The company is weighing an impairment charge on its new U.S. and European businesses
– The company is exiting Singapore and “deprioritizing” a cryptocurrency offering
– The company’s stock has soared during a Covid-19 online shopping frenzy, only to slump this year

 

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