CPNG News and Press, Coupang Inc. Class A From 09/28/23

2023-09-28 07:16:00 ET South Korea is much different than the United States, both culturally and geographically. It has only a small percentage of the land mass, a population centered around one urban area (Seoul), and just a small sliver of the physical retail locations such as shopping ma...

2023-09-12 04:11:48 ET Summary During the first half of 2023, Coupang posted solid revenue growth of double digits, and its core profitability improved significantly due to warehouse automation and active customer growth. eCommerce market share gains and higher-margin retail media...

2023-09-01 05:42:00 ET With only 10% of the retail space per capita compared to the United States, it is fair to say that South Korea is tailor-made for e-commerce due to its lack of room for physical stores. Home to a retail market expected to be worth $550 billion in three years, the coun...

2023-08-31 23:04:00 ET Summary Duquesne Family Office's 13F portfolio value increased by approximately 25% to $2.87B in Q2 2023. The largest five stakes in the portfolio are Nvidia, Coupang, Microsoft, Eli Lilly, and Lamb Weston Holdings, making up around 53% of the portfolio. ...

2023-08-31 08:30:00 ET Summary Today, I will discuss Coupang with you through three lenses. 1) The substantial impacts currency dynamics have had on the business. 2) Its autonomous, vertically integrated commerce engine. 3) Its digital ad business which is growing at ~50% presentl...

2023-08-30 06:30:00 ET Coupang (NYSE: CPNG) is occasionally referred to as the Amazon of South Korea thanks to the similarities it shares with the famous e-commerce giant's retail business. While many companies around the globe try to claim that comparison, Coupang is perhaps th...

2023-08-24 02:48:55 ET Summary Abrams' 13F portfolio value increased from $3.16B to $3.48B this quarter. The number of holdings in the portfolio increased from 15 to 16. The top three stakes in the portfolio make up approximately 45% of the total. This article is par...

2023-08-15 08:00:00 ET South Korean e-commerce company Coupang (NYSE: CPNG) has seen its stock fall by roughly 60% since its initial public offering in March 2021. However, with this cost-intensive logistics company now having recorded four straight quarters of positive net income, ...

2023-08-14 17:54:34 ET 3G Capital Partners, the investment firm co-founded by Brazilian billionaire Alexandre Behring, disposed off its stake in chip giant NVIDIA ( NASDAQ: NVDA ) in Q2 2023, while taking new positions in several companies including user car seller Carvana ( ...

2023-08-10 05:10:00 ET Many investors have made a fortune owning Amazon (NASDAQ: AMZN) stock. The e-commerce and cloud computing giant is now one of the largest companies in the world, sporting a market capitalization of $1.45 trillion. Shares are up over 30x in the last 10 years an...