Coupang Is Bound by Domestic Constraints, But That's Just Fine
Coupang Is Bound by Domestic Constraints, But That’s Just Fine For an investment in South Korean e-commerce giant Coupang (NYSE: CPNG) to pay off, the company will have to become profitable. That said, I think CPNG stock is an interesting investment at this point. © Provided by InvestorPlace A close-up shot of a Coupang (CPNG) delivery vehicle. For one, the company managed to increase its dominant position in the South Korean e-commerce space during the pandemic. In 2019, Coupang controlled 18.1% of the domestic e-commerce market; that number increased to 24.6% in 2020. Based on that fa...
Source: msn.com