Axios

@axios ↗

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Last Checked Oct. 7, 2022

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Sat Jul 16 13:24:42 +0000 2022

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Axios @axios

The pandemic boom led many to focus less on margins and profits, especially as new entrants thickened the competition. "Klarna was profitable in the first 14 years of its life, and then went with the growth play," former Klarna exec Derek Joyce. https://t.co/7lCASoWZLg — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

The pandemic-fueled explosion in e-commerce was a boon for BNPL, which consumers usually encounter when they're ready to pay for their online purchases. https://t.co/7lCASoWZLg — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

Now growth is slowing dramatically. In October and November of 2020, BNPL orders were growing at a 528% year-on-year pace. By January and February of this year, that number had fallen to 53%. https://t.co/7lCASoWZLg — PolitiTweet.org

Posted July 16, 2022 Hibernated