- The Korean e-commerce market share leader Coupang has not fared very well this year in the US stock market. The stock is down 38% YTD.
- Coupang has a very large market opportunity in Korean e-commerce that benefits from not having the outsized risk of investing in China.
- The company had the distinction of being recognized by Fast Company as one of the World’s Most Innovative Companies in 2020.
- In Q3, Coupang grew 48% year-over-year to 4.6 billion in the face of COVID-related headwinds.
- Aggressive growth investors that want to diversify into Asia should buy Coupang while the stock sits at bargain prices.
For further details see:
Coupang: The Best Way To Invest In Asian E-Commerce