We came across a bullish thesis on Coupang, Inc. on Speedwell Memos’s Substack by Speedwell Research. In this article, we will summarize the bulls’ thesis on CPNG. Coupang, Inc.’s share was trading at $32.83 as of September 29th. CPNG’s trailing and forward P/E were 160.95 and 76.92 respectively according to Yahoo Finance.

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Coupang delivered a solid 2Q25 with net revenues up 16% y/y (+19% FXN) and gross profit growth of 20% y/y (+22% FXN), reflecting...





