E-commerce stocks haven't had an easy run in 2022, as growth for many has slowed and profit has dropped like a stone. Coupang (NYSE: CPNG) , however, is bucking this trend. Jamie breaks down the South Korean e-commerce company's third-quarter earnings report, highlighting its profitability improvements as it continues to take market share. If you enjoy this video, leave a like, consider subscribing, and use the special discount link below.
*Stock prices used were the after-market prices of Nov. 9, 2022. The video was published on Nov. 10, 2022.
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Coupang Sees Profit Soar: Is the Stock a Buy?