3 Reasons Investors Are Bullish on Coupang Stock
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BTCCSquare news:
Coupang, often dubbed the "Amazon of South Korea," is more than just an e-commerce giant. The Seattle-based technology company has expanded into fintech, food delivery, and streaming, though retail remains its Core profit driver. Investors are optimistic for three key reasons.
First, Coupang dominates South Korea's lucrative e-commerce market, serving 24 million active customers—nearly half the country's population. Its logistics network, with warehouses strategically placed NEAR 70% of the population, enables its signature Rocket Delivery service to thrive in a market with 97% internet penetration.
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