Coupang, Inc. (CPNG): A Bull Case Theory

We came across a bullish thesis on Coupang, Inc. (CPNG) on GabGrowth’s Substack. In this article, we will summarize the bulls’ thesis on CPNG. Coupang, Inc. (CPNG)'s share was trading at $28.47 as of 9^th June. CPNG’s trailing and forward P/E were 203.36 and 129.87 respectively according to Yahoo Finance.

[caption id="attachment_1211415" align="aligncenter" width="768"] A person browsing the world's largest e-commerce marketplaces for the perfect product.[/caption]

Coupang, founded in 2010 by Harvard dropout Bom Kim, has transformed from a daily-deals startup into South...