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SFTBY - Coupang Answers On Expansion: Examining Prospects Challenges
SoftBank Group Corp ADR
Since its IPO, Coupang has spurred discussion of expansion beyond the potentially constraining South Korean market.
Recent news suggests Coupang is getting serious about expansion with Singapore, Malaysia, and Japan as targets and each of these has inherent opportunities and challenges.
Several large funds initiated positions in Coupang recently and the stock remains reasonably priced, however, this may not last.