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CPNG News and Press, Coupang Inc. Class A From 07/31/23

Stock Information

Company Name: Coupang Inc. Class A
Stock Symbol: CPNG
Market: NYSE
Website: aboutcoupang.com

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CPNG - Tracking Baillie Gifford's 13F Portfolio - Q2 2023 Update

2023-07-31 13:14:31 ET Summary Baillie Gifford's 13F portfolio value increased from ~$111B to ~$118B this quarter. The top three holdings are MercadoLibre, NVIDIA, and Tesla Motors, which make up ~17% of the portfolio. Baillie Gifford made stake increases in MercadoLibre, PDD ...

CPNG - Baron New Asia Fund Q2 2023 Shareholder Letter

2023-07-31 00:51:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron New Asia Fund gained 2.09% (Institutional Shares) during the second quarter of 2...

CPNG - Coupang to Announce Second Quarter 2023 Results on August 8, 2023

Coupang, Inc. (NYSE: CPNG) will release its second quarter 2023 financial results on Tuesday, August 8, 2023 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day. The earnings release and webcast...

CPNG - Coupang: Ongoing Business Strategy Should Further Strengthen Competitive Position

2023-07-19 01:02:22 ET Summary I reiterate my buy rating for Coupang, as I expect the Eats 'discount' strategy and international expansion will continue to drive success. CPNG expanding scale advantage, combined with its logistical lines and efforts to increase WOW membership, giv...

CPNG - Coupang: Making Its Move Into Taiwan

2023-06-23 04:12:57 ET Summary Coupang is starting to expand internationally and it is starting to see accelerating momentum in Taiwan with its app reaching the number one spot in both the iOS and Android. Taiwan presents huge market opportunities and the company should be ab...

CPNG - Coupang: A Top E-Commerce Growth Stock

2023-06-14 07:28:04 ET Summary Coupang is an attractive e-Commerce stock to own for investors that want to focus on e-Commerce markets outside the U.S. and China. Coupang achieved free cash flow profitability in Q1'23, on a trailing twelve months basis. Shares of Coupang are u...

CPNG - Tracking Stanley Druckenmiller's Duquesne Family Office Portfolio - Q1 2023 Update

2023-06-02 01:29:17 ET Summary Duquesne Family Office's 13F portfolio value increased by 14% to $2.31B in Q1 2023, with 29 securities significantly large. Microsoft, Alphabet, Amazon, IQVIA Holdings, News Corp, and Taiwan Semi were among the new stakes established during the quart...

CPNG - Stocks facing most buy and sell pressure into Russell rebalancing

2023-05-26 09:18:10 ET FTSE Russell will rebalance its indexes at the end of June and, as usual, a great deal of buying and selling will come from mutual funds and ETFs to track those changes. The preliminary list of changes came out last week, using April 28 for a cutoff date for marke...

CPNG - Tracking David Abrams' Abrams Capital Management Portfolio - Q1 2023 Update

2023-05-25 01:43:01 ET Summary David Abrams’ 13F portfolio value increased this quarter from $2.80B to $3.16B. The number of positions remained steady at 15. Cantaloupe stake was increased while decreasing Teva Pharmaceutical. The top three positions are Lithia Motors, ...

CPNG - Russell 3000 rejig: CPNG, JAKK among added, QRTEA, EXPR among deleted

2023-05-24 13:22:08 ET The Russell 3000 index will have a new look on June 26, after the market opens when 286 securities will be added and 179 securities will be deleted as part of the annual reconstitution. At 2023 Russell indexes annual reconstitution, following consumer stocks wil...

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