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

We came across a bullish thesis on Coupang, Inc. (CPNG) on Substack by Brian Coughlin. In this article, we will summarize the bulls’ thesis on CPNG. Coupang, Inc. (CPNG)'s share was trading at $21.39 as of April 17th. CPNG’s trailing and forward P/E were 267.38 and 16.08 respectively according to Yahoo Finance.

[caption id="attachment_960227" align="aligncenter" width="750"] Photo by CardMapr.nl on Unsplash[/caption]

Coupang, South Korea’s leading e-commerce platform, represents one of the most successful examples of how deep, early investments in infrastructure and customer...