由于欧洲业务疲软，Klarna并非BNPL领域的首选投资标的；其长期吸引力能否成立取决于业务能否企稳。

He has a question about Klarna. This is said by referring back to their most recent earnings. It looked like a record-breaking quarter. Every metric was significantly high, but the stock fell by 20%.

I don't necessarily consider Klarna to be a major competitor that will outperform traditional credit card companies. They generated $1 billion in revenue. This represents an increase of approximately 30% year-on-year.

They even made a surprise net profit of around $9 million. However, they lowered their full-year revenue forecast , which came in well below analysts' estimates.

The administration stated that they are facing a significant slowdown in non- essential consumer spending in Germany. This is important because Germany is Klarna's largest and most profitable region.

They also mentioned a negative impact of $600 million due to fluctuations in foreign exchange rates.

At the same time, Klarna unexpectedly announced that both its chief financial officer and chief marketing officer would be leaving the company early next year.

On the positive side, their business in the United States is expanding rapidly. But I think investors are unhappy that their historically mature, high-margin European businesses are weakening faster than Wall Street expected.

Now, if management stabilizes those operations and continues to expand in the United States, I think buying at these levels could be an attractive option for long-term investors.

I want to see more market cycles before I buy any of them, and if I were to buy a "buy now, pay later" service, I don't think "Klarna" would be my first choice.