Retail Market Overview - The retail market in South Korea is projected to grow at a CAGR of 3.2% from 2023 to 2028, reaching $460.1 billion by 2028, up from $392.4 billion in 2023 [2] - Online retail sales in South Korea grew by 5.2% in 2023, accounting for 31.8% of total retail sales, with a value of $124.7 billion [2] Online Retail Growth - South Korea's online retail market is expected to grow at a CAGR of 7.9% from 2023 to 2028, reaching $182.7 billion by 2028 [8] - Key drivers for online retail growth include high smartphone penetration, advanced logistical infrastructure, and a tech-savvy population [8] Mobile Commerce - Mobile devices account for 70.3% of online retail sales in South Korea, with smartphones being the preferred device for online shoppers [5][9] - Categories with the highest share of mobile commerce include pet products (81.9%), goods for infants and children (81.7%), and fashion & accessories (77.4%) [5] Live Commerce - Live commerce accounted for 1.3% of total online retail sales in 2023 and is expected to grow to 6% by 2028 [4][16] - Naver Shopping Live and Kakao Shopping Live are the preferred platforms for live commerce buyers [16] Market Leaders - The top three players in South Korea's online retail market accounted for 67.4% of the market share in 2023 [9] - Coupang leads with a 39.7% market share, followed by Naver and Gmarket [9] Product Categories - The report covers 11 product categories, including computer hardware, consumer electronics, personal care, clothing, and groceries [18] - Online retail sales are broken down by category, with detailed historic and forecast data from 2009 to 2023 [18] Payment and Retailer Preferences - Preferred payment methods and online retailers are analyzed, with Coupang, Naver, and Gmarket being the top choices [20] - The report also provides insights into online buyers' purchase behavior and preferred product categories [20] Report Details - The report includes 44 pages of key findings, an Excel sheet with historic and forecast data, and an analyst presentation [10][11] - It covers the period from 2023 to 2028, with an estimated market value of $124.7 billion in 2023 and a forecasted value of $182.7 billion by 2028 [10]

Coupang, Inc. (CPNG) closed the latest trading day at $20.18, indicating a +1.97% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%. It is also worth noting that CPNG currently has a PEG ratio of 1959.41. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings gr ...

Coupang, Inc. (CPNG) closed at $21.31 in the latest trading session, marking a +0.61% move from the prior day. This change lagged the S&P 500's 0.64% gain on the day. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%. Shares of the company have appreciated by 3.12% over the course of the past month, outperforming the RetailWholesale sector's gain of 2.58% and lagging the S&P 500's gain of 3.82%. The investment community will be closely monitoring the ...

Let's take a look at what these Wall Street heavyweights have to say about Coupang, Inc. (CPNG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Of the 10 recommendations that derive the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 10% of all recommendations. Check price target & stock forecast for Coupang here>>> Are you wondering why? The vested interest of brokerage firms in a stock they cover of ...

The good news keeps piling up for growth stocks. While speaking at a panel discussion at the European Central Bank's monetary policy conference, Federal Reserve Chairman Jerome Powell admitted that inflation was slowing. Consequently, expectations for a rate cut in September have increased, which is a welcome boost for growth stocks. Organizations are prioritizing cybersecurity in their IT budgets due to a surge in cyber and ransomware attacks. Furthermore, the U.S. Securities Exchange Commission disclosure ...

Heading into today, shares of the company had lost 3.47% over the past month, lagging the Retail-Wholesale sector's gain of 2.94% and the S&P 500's gain of 4.34% in that time. The investment community will be paying close attention to the earnings performance of Coupang, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.05, reflecting a 37.5% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $7.33 bill ...

E-commerce stocks were among the hottest names to buy during the pandemic. As online shopping surged, some of the best e-commerce stocks traded at rich valuations. However, the tables turned in a post-pandemic world and with downward growth adjustments, e-commerce stocks plunged. As always, markets tend to react to the extremes and e-commerce stocks now seem undervalued. This column focuses on three undervalued ecommerce stocks to buy and hold until 2030. Therefore, some of the top e-commerce companies have ...

Coupang may be the right stock for you, but is this the right time? Why are investors so bullish on Coupang? There was plenty of good news in Coupang's first-quarter earnings report. Net revenue was $7.1 billion, up from $6.6 billion the previous quarter. One notable setback was the earnings per share due to the purchase of upscale fashion marketplace Farfetch (FTCH). Diluted earnings per share dropped from $0.05 to $0.00 year-over-year. Meanwhile, Coupang doubled its operating cash flow over the trailing 1 ...

Coupang, Inc. (CPNG) ended the recent trading session at $21.09, demonstrating a -0.89% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.09%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq increased by 0.3%. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated ...

Coupang currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 10 brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy. The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often a ...