Coupang: The Turn To Profit

Bloomberg/Bloomberg via Getty Images Turning the corner I don't buy many foreign stocks. The story has to be compelling to draw me in. Coupang, Inc. (NYSE:CPNG) has elements aligning that remind me of Uber's (UBER) turn to profitability The SoftBank (OTCPK:SFTBY) backed startup IPO'd in 2021 and has declined massively after the risk on narrative waned post-FED rate hikes. Dubbed "The Amazon of South Korea" run by Harvard dropout CEO Bom Kim, is dominant in their own backyard and has now risen to become the ...