Prediction: Coupang Will Beat the Market. Here's Why.
South Korea's largest online retailer is bouncing back in 2025. It's just getting started.
Sometimes you need to collect passport stamps to find unique investing opportunities. Coupang (NYSE: CPNG) is South Korea's leading e-commerce provider. It has a pretty dominant position with 23.6 million active customers. This may not seem like a lot, but it's about half of the country's adult population.
Despite posting nearly consistent double-digit revenue growth and turning profitable two years ago, Coupang is somehow still a broken IPO. The shares are trading 23% below their debutante price of $35 four years ago, and more than 60% lower than the all-time intraday high it scored the day it hit the market 50 months ago.
Despite the disappointing overall return, momentum is on its side now. Coupang is beating the market with a 24% year-to-date rise, and there's a clear path for the upticks to keep coming. I predict that Coupang can beat the market in the coming year and potentially longer than that. Let's take a closer look.
