Live Breaking News & Updates on Bunning Marketlink|Page 1

Stay updated with breaking news from Bunning marketlink. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

The Wrap: CBA & BNPL, Online Retail And Post-Covid Trends


-CBA enters BNPL to protect market share
-New vehicle sales up 22% in March
-Online marketplaces ripe for consolidation
-Employers with hybrid work strategies could have 20-25% remote employees
By Mark Story
CBA’s BNPL entry
Having taken a stake in the buy now pay later (BNPL) firm Klarna in 2019, Commonwealth Bank ((CBA)) is launching its own BNPL product to the bank’s consumers, which can be used anywhere Mastercard is accepted.
Morgan Stanley believes Commonwealth Bank’s decision to launch a BNPL offering was in part driven by desire to protect its market share with younger customers. The broker notes, CBA has around a 45% market share with 18-24 year olds, which is also a key market for the BNPL sector. Morgan Stanley also suspects by having its own BNPL offering, CBA can protect its customer spending data from being shared with other financial providers. ....

United Kingdom , Toyota Hilux , Harvey Norman , Ford Ranger , Bunning Marketlink , Morgan Stanley , Webster Group Limited , Charter Hall Group , Scentre Group , Warehouse Group , Commonwealth Bank , National Australia Bank , Goodman Group , Weekly Reports , Broker Wrap , Vicinity Centres , Underweight Coles , Overweight Wesfarmers , Residential Property Report , More Aussies , Mitshubishi Triton , Analytics Used Vehicle Price , Catalyst Watch , ஒன்றுபட்டது கிஂக்டம் , டொயோட்டா ஹீழுக்ஷ , ஹார்வி நார்மன் ,