Coupang: Turning the Corner Toward Sustained Profitability
Coupang is the largest e-commerce business in South Korea and is rapidly expanding into other verticals, like food delivery, grocery delivery, advertising, fintech, and video streaming.
Dear readers,
Please see below the link for an article I published last night on Seeking Alpha discussing Coupang’s latest Q2 results. They’re the largest e-commerce business in South Korea (5th largest e-commerce market in the world!) and are rapidly expanding into other interesting verticals, like food delivery, grocery delivery, advertising, fintech, and video streaming.
Coupang: Turning the Corner Toward Sustained Profitability
Coupang remains one of my highest conviction positions and I’ve added to it several times throughout the recent market downturn.
Cheers,
Jordan
PS: Please send any interesting companies, feedback, or ideas for future articles my way! I’m pretty responsive via email - jordan.martenstyn12@gmail.com.