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Stock impact report

Is It Too Late to Buy Coupang Stock? [Yahoo! Finance]

Coupang, Inc. Class A (CPNG) 
Company Research Source: Yahoo! Finance
Since Coupang began trading, it has lost more than half of its value. However, that figure includes a recovery of more than 130% from its May 2022 low. The question for investors is whether that increase means investors are too late, or does that indicate investors have time to get in on a long-awaited recovery? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Admittedly, Coupang's growth story may not appear as appealing as companies serving larger markets such as MercadoLibre Coupang's home market of South Korea has a population of 52 million. Even when one counts Taiwan at 24 million, Coupang's addressable market is less than 100 million, far below MercadoLibre's addressable market of more than 650 million. Also, Coupang's estimated market share of 24% is just marginally above a competitor called Nave, according to WPIC. Nonetheless, it operates more than 100 fulfillment centers within So Show less Read more
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