Coupang (NYSE:CPNG) stock is on the rise Friday following reports that the e-commerce company is preparing to increase the price of its membership fees.According to these reports, Coupang will increase its monthly membership fee from 4,990 won to 7,890 won. That represents a 58% increase in membership fees for the South Korea e-commerce company.This higher membership fee is for those subscribed to its Wow plan. The company is intending to expand exclusive benefits for members of this plan. The price hike go ...

Coupang Inc (NYSE: CPNG) is up more than 10% on Friday after announcing a rather big increase in its monthly membership fee.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Coupang stock is already up more than 50%Copy link to sectionThe “WOW” membership will now cost incoming subscribers a whopping 7,890 won – up from 4,990 thus far. Existing clients will have to pay the higher fee from August. Coupang ended last year with some 14 million WOW members. ...

Sundry Photography Thesis Coupang, Inc. (NYSE:CPNG) was incorporated in 2010 and is an e-commerce company headquartered in Seattle, WA. CPNG’s IPO date was March 11, 2021, and it began trading at $63.50 per stock, giving CPNG a market cap of $102.2. As of April 3, 2024, the stock price was $18.56 and is down over 70% from all-time highs, mainly attributed to high losses and low margins. But, I think things are changing. With strong year-over-year active customer growth, CPNG’s revenue has doubled, and, ...

Sundry Photography Introduction In my previous article written on December 11th, I had a buy rating on Coupang (NYSE:CPNG). At the time, I viewed the company's growing positive momentum favorably. It was becoming clearer that Coupang had taken the lead over numerous other e-commerce competitors in Korea. The company's financial metrics involving both top and bottom lines were seeing significant growth. Further, I viewed the Korean macroeconomic condition favorably believing that it could provide Coupang wit ...

Sundry Photography Recap In our last article on Coupang (NYSE:CPNG), we highlighted Coupang's strong position in logistics as a key factor in driving its market share growth. Additionally, we observed robust growth in Taiwan, surpassing the growth seen in South Korea post-Rocket launch. Yet, we believe that Coupang's stock was trading within its fair value at $18 per share, which was derived from a 10-year DCF valuation model (12% WACC, 3.5% terminal growth). Data by YCharts Since our article was publis ...

Hypergrowth stocks provide some exciting opportunities for quick returns. Because growth stocks have a high-beta, opportunities are created in a correction or when the growth story faces near term headwinds.Growth stocks with weak fundamentals might take time to recover. However, fundamentally strong growth stocks are unlikely to trade at a valuation gap for an extended period. With the possibility of rate cuts in the second half of 2024, there is a strong case for a rally in high-beta stocks.This column di ...

Shares of South Korean e-commerce leader Coupang (CPNG 0.38%) rallied 32.3% in February, according to data from S&P Global Market Intelligence.Coupang stock entered February on a low note, having dropped since the start of 2024. However, the company's fourth-quarter earnings brightened the mood, with the e-commerce company showing impressive growth and profit expansion.Expectations-trouncing resultsIn the fourth quarter, Coupang delivered 23% revenue growth, along with adjusted (non-GAAP) earnings per share ...

Week to date, shares of Coupang (CPNG 1.16%) were up 14% as of 10:38 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. Korea's largest e-commerce company reported another quarter of accelerating revenue growth that sent the shares higher, but its relatively small footprint of the retail market spells more growth.Coupang reports fourth consecutive quarter of accelerating growthLow growth expectations can set up a stock to soar when a company's financial results are better than ...

In this video, I will talk about Coupang's (CPNG 6.60%) recent earnings report, comments from management on the acquisition of Farfetch, and why I feel this stock is still flying under the radar while the underlying business fundamentals have improved significantly.*Stock prices used were from the trading day of Feb. 28, 2024. The video was published on Feb. 28, 2024. ...

Coupang (NYSE:CPNG) stock is on the rise Wednesday following the release of the e-commerce company’s earnings report for the fourth quarter of 2023.The good news for investors in CPNG stock starts with its adjusted earnings per share of 8 cents. That beats out Wall Street’s adjusted EPS estimate of 6 cents for the quarter. It’s also an improvement over the 3 cents per share from the same period of the year prior.Another boon for CPNG stock is the company’s revenue of $6.56 billion. This also comes in above ...