Coupang: Buy In For The Growth Momentum And Flywheel Effect

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 ...