Is New IPO Coupang the South Korean Amazon?
Mercadolibre (NASDAQ:MELI). Let's take a look to find out if that's a valid analogy. Image source: Getty Images. The business Coupang was founded with the goal of building an end-to-end e-commerce platform for the Korean market. Its flagship offerings are the Rocket Delivery service and the Rocket Wow membership (similar to Amazon Prime) that give people same-day and next-day delivery on millions of items. This part of the business is almost an exact match for what Amazon does in the United States and other markets. However, Coupang goes a step further by offering its members what it calls "D...
Source: fool.com