Why Is Everyone Talking About Coupang's Stock?
Coupang is executing its way to become the Amazon of South Korea.
Coupang (NYSE: CPNG) may not be a well-known company in the U.S., but it has certainly captured the hearts of consumers in South Korea, growing over the years to become the top e-commerce company in its home market.
Coupang's solid performance has captured the attention of sharp-eyed investors, which explains its respectable 25% increase in stock price in the last 12 months (as of this writing).
This article will delve deeper into the company and explore why investors are excited about it.
