Coupang: Better Than Amazon
Coupang (NYSE: CPNG ) reported robust earnings for the first quarter thanks to growing e-Commerce volumes and customer growth on its platform. The South Korean e-Commerce business benefited from double-digit top-line growth as well as an improving EBITDA trajectory (includingAnalyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN, CPNG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving comp ...