3 Reasons To Avoid Investing In Coupang
Summary
- Coupang is growing its e-commerce revenues at an outstanding rate.
- The company dominates in its home market of South Korea, but has yet to meaningfully expand to new countries.
- Many investors liken the company to Amazon, but the two main differences are that Coupang is at an earlier stage of growth, and doesn't have the profitable AWS business.
- We believe the shares are overpriced currently, and would only consider investing if they traded at significantly lower prices.
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