3 Reasons Investors Are Excited About Coupang Stock

When investors think of Asian e-commerce, Coupang (NYSE: CPNG) often draws the "Amazon of South Korea" comparison. This label captures part of the story but not the whole picture.Coupang is headquartered in Seattle and describes itself as a technology company. While it's best known for its retail dominance and hallmark Rocket Delivery service, it has also expanded into fintech, food delivery, streaming, and advertising. Still, e-commerce remains the foundation of its business -- and that's where most of its growth and profits are generated today.The company has given shareholders plenty of reasons to be optimistic -- here are three of the biggest reasons investors are bullish on Coupang stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool