Group 1 - Coupang's shares experienced a 7% decline due to external market concerns, despite no direct impact on the company's operations [1][2] - The current share price is 25% below its one-year highs, presenting a potential investment opportunity [2] - Coupang's revenue and gross profit are projected to grow by 24% and 29% respectively in 2024, indicating strong business performance [3] Group 2 - Although net income and free cash flow (FCF) decreased in 2024, these declines are attributed to strategic investments in future growth, including automation and new infrastructure [4] - Coupang's sales in Taiwan increased by 23% quarter over quarter, highlighting the potential of this new growth market [5] - The acquisition of Farfetch has transformed it into a breakeven business, showcasing the effectiveness of Coupang's integration strategies [5] Group 3 - Coupang is currently trading at 20 times cash from operations, suggesting it could generate significant free cash flow if not for its heavy capital expenditures [6]
Why Coupang Stock Plummeted Today